Global Market Development — IDM Fund

This grant provides funding support to Ontario companies engaging in global market development activities, with a specific focus on international growth and measurable business outcomes. The financing modalities ensure coverage of eligible costs while maintaining clear limitations.

• Successful applicants can receive up to $15,000.
• Funding is capped at 50% of the total cost for all eligible activities.
• Fixed benchmarks are applied for travel and accommodation expenses.
• A list of pre-approved activities determines eligibility for funding.

Eligibility for this grant is determined by specific requirements related to the applicant's profile and planned activities.

• The applicant must be an Ontario-based company.
• The company must be engaged in interactive digital media production.
• Planned activities must include participation in international initiatives aimed at business growth and market development.

Who is eligible?

Who is not eligible

Yes, there are specific types of companies that are not eligible for this grant.

• a company that is working exclusively on client-driven or fee-for-service projects;
• a company that is primarily engaged in marketing, design and branding service work for clients;
• private colleges and training institutions;
• a company that is delivering online services for individuals;
• a company that is not in good standing with Ontario Creates or one that is associated with an entity that is not in good standing with Ontario Creates;
• not-for-profit and public sector entities; and
• a company that holds a broadcast license or that has an ownership association with a company that holds a broadcast license.

Eligible expenses

The Global Market Development program provides funding for Ontario companies to take part in international activities that bolster growth and deliver tangible business outcomes. The eligible activities include meaningful interactions at global markets and strategic sales engagements.

• Targeted sales trips to international destinations.
• Attendance at international market events.

Eligible geographic areas

This grant is specifically available to companies operating within Ontario, as indicated by the fund's focus on supporting Ontario-based companies. This geographical limitation aligns with the grant's objective to enhance market development for local companies in international activities.

• Ontario, Canada

Yes, there are evaluation and selection criteria for this grant. Applications will be assessed based on track record, business and market development plan, anticipated impact and results, and project strengths, with a focus on diversity, equity, and inclusion.

• Track Record (30%)
• Business and Market Development Plan (30%)
• Impact and Results (20%)
• Project Strengths (20%)

Here are additional relevant details for this grant:

• Pre-approved activities are part of the program's updates for 2024-25, ensuring applicants know which activities are eligible before applying.
• The process for changing activities after approval has been simplified, providing flexibility for applicants if plans need to adapt.
• There are fixed benchmarks for travel and accommodation costs to provide clarity and mitigate budgeting uncertainties for applicants.
• Applicants use the Ontario Creates Online Application Portal (OAP) exclusively for submissions, emphasizing the importance of familiarity with the online system.
• An information session will be held on April 4, 2024, which applicants are encouraged to attend for better understanding of the application process and program specifics.
• Special arrangements, such as sessions conducted in French or accessibility considerations, are available upon request, ensuring inclusivity in the application process.
• Technical support is available for setting up company profiles or troubleshooting issues with the Online Application Portal via a dedicated email address.