Ontario Creates Magazine Fund

📋 Eligible Entities - Magazine publishing companies operating in Ontario - Independent publishers with established editorial and business operations - For-profit publishing enterprises focused on magazine content - Companies with demonstrated publishing history and market presence - Both digital and print magazine publishers (or hybrid models) ### 💰 Funding Details - Maximum Grant Amount: $80,000 per project - Funding Coverage: Up to 75% of total project budget - Minimum Project Budget: Approximately $106,667 (calculated from 75% coverage cap) - Repayability: Non-repayable grant (not a loan) - Cost-Sharing Requirement: Applicant must contribute minimum 25% of project costs from own resources ### 🛠️ Approved Expenses - Editorial development and content creation - Magazine design and production improvements - Technology adoption and digital platform development - Marketing and promotional activities - Business development initiatives - Distribution channel expansion - Staff salaries and hiring for project-specific roles - Freelance contributor fees - Software, tools, and systems to improve operations - Expenses directly supporting financial viability and business growth ### ⚠️ Conditions & Milestones - Applicant must provide 25% cost-sharing contribution (non-funded portion) - Grant funds must be used exclusively for approved project activities - Project scope and budget must be pre-approved before funding release - Recipient must demonstrate established magazine publishing operations - Compliance with Ontario Creates reporting and accountability requirements - Project completion timeline and milestones must be met - Financial records and receipts must be maintained and provided for audit - Funds must be deployed within specified project timeline - Regular progress reporting may be required throughout project execution