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BC Music Fund BC Music Fund

BC Music Fund - PowerPoint Presentation

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Uploaded On 2017-07-13

BC Music Fund - PPT Presentation

Live Music Program Information Session BRENDA GRUNAU MANAGER BC MUSIC FUND New additions to the BC Music Fund team KAITLYN REINING PROGRAM ANALYST GINA LOES PROGRAM ANALYST FILM AND TELEVISION ID: 569598

live music creative program music live program creative funding business fund

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Slide1

BC Music Fund

Live Music Program

Information SessionSlide2

BRENDA GRUNAU

MANAGER, BC MUSIC FUNDSlide3

New additions to the BC Music Fund team:

KAITLYN REINING

PROGRAM ANALYST

GINA LOES

PROGRAM ANALYSTSlide4

FILM AND

TELEVISION

INTERACTIVE AND DIGITAL MEDIA

MUSIC AND SOUND RECORDING

BOOK PUBLISHING

MAGAZINE PUBLISHING

The industries Creative BC serves:

CHAMPIONING BC’S DIVERSE AND DISTINCTIVE CREATIVE SECTORSlide5

Our Strategic Framework

Attract, build

and retain the best creative talent.

Show and tell

BC’s creative industry stories.

Create a growth culture for BC’s creative industries.

Position BC’s creative industries to compete to win. Slide6

What

is the BC Music Fund?

The

BC Music Fund is a $15-million grant from the Province of BC to support the

growth and

activity of the BC music industry. These funds will be administered by

Creative

BC over

a

two year period.

BC MUSIC FUNDSlide7

GOALS OF THE BC MUSIC FUND

Attract direct investment

1

New live music events for musicians and audiences

Job creation and retention

Measure impact

Promote the export of BC talent

Increase regional activity

2

3

4

5

6Slide8

What

is the

Live Music Program?

Designed

to support the economic growth of BC’s live music

sector

Apply for funding for:

A) Live Music Presentation

B) Business Development

Who can

apply?

BC-based festivals, venues, event producers, and presenters

Live Music Program Budget

:

$2.5 million

LIVE MUSIC PROGRAMSlide9

The Adulthood at the Biltmore Cabaret

Photo: Steve Louie,

DiscorderSlide10

Priorities of the Live Music Program

Foster

diversity of projects and talent

Expand music tourism

Stimulate innovation, growth and capacity

Increase economic activity and jobsSlide11

Live Music Presentation:

Funding for

new or expanded

performances

Types of projects eligible for this section include:

Music festivals

Concert series

One-off live music events

LIVE MUSIC PROGRAMSlide12

Business Development:

Funding to undertake business development activities

Types of projects eligible for this section include:

Improvements to business processes,

Development of new revenue streams

Enhanced corporate marketing initiatives

Development of knowledge and skills, or

Travel to develop new business relationships

* Business development costs may include capital infrastructure improvements

LIVE MUSIC PROGRAMSlide13

Eligible applicants must meet

all

of the following criteria

:

Is an incorporated company, a registered business OR a not-for-profit organization;

Primarily exists to present live music, or fills a gap in their respective community;

Demonstrates ongoing and sustained commitment to presenting live music and engagement within the local community;

Produces live music events in BC, and assumes the risk in programming, producing, and promoting of these live music performances; and

Has operated for a minimum or two years, or has key personnel with a minimum of two years’ professional experience.

LIVE MUSIC PROGRAMSlide14

Funding:

Minimum grant is $5,000

BC companies: up to 50% of budgeted cash expenditures, to a max of $200,000.

Other applicants: up to 25% of budgeted cash expenditures, to a max of $100,000

Public funding is limited to 75% of the budget

For activities and related expenses on or after December 15, 2016

Deadline for applications:

February 1, 2017

, and

June 1, 2017

.

LIVE MUSIC PROGRAMSlide15

Evaluation Criteria: Impact Assessment

Economic Impact

1

Investment in BC Talent

Diversity

Creative Output

Out-of-Province Investment /

Export

Innovation / Sustainability / Capacity

2

3

4

5

6Slide16

Evaluation Criteria: Capacity Assessment

Project Plan

1

Organizational Capacity

Financial Viability

Sustainability

2

3

4Slide17

Destroyer at the Commodore Ballroom

Photo: Steve Louie,

DiscorderSlide18

Live Music Program: Application Requirements

Online application form

1

Certificate of Incorporation or Business Statement of Registration

Project Plan, Budget, and Schedule of Activities

Letters of Support (if applicable)

Company/Organization Financial Statements for requests of $10,000 or more

Project Budgets from previous years (if applicable)

2

3

4

5

6

Other supporting documents

(if applicable)

7Slide19

Von

Bingen

at Red Gate

Photo: Steve Louie,

DiscorderSlide20

SCHEDULE OF ACTIVITIES: SUMMARYSlide21

SCHEDULE OF ACTIVITIES: BUDGETSlide22

SCHEDULE OF ACTIVITIES: IMPACTSlide23

Why is the Live Music Program scored?

Applications are scored so the projects with the most impact, and capacity to deliver the project will be funded. We want to make sure we’re funding projects that meet the goals of the BCMF.

Can I apply for Live Music Presentation AND Business Development in the same application?

YES. Or you can apply separately; whichever makes the most sense for you.

Why are non-BC companies allowed to apply for funding?

BCMF wants to fund all companies who are making an impact in BC’s music industry. We have built ways into the program to ensure we are providing growth to BC companies.

Can I receive other public funding, in addition to the BCMF, for my project?

YES, but public funding from any source cannot equal more than 75% of the project budget.

When do I get my cheque?

Payment will be customized by project, but will include an advance and a cheque upon receipt of the final report.

Once I’ve applied, when will I hear back?

Within 10 weeks

LIVE MUSIC PROGRAMSlide24

Upcoming BCMF Programs

Opening December 2016 through March 2017Slide25

Contact Kaitlyn Reining, Program Analyst:

Email:

kreining@creativebc.com

Phone: 604-730-2254

NEED HELP?

www.bcmusicfund.comSlide26

Join

the

BC Music Fund email list

Subscribe

to receive Creative BC’s Spotlight on BC newsletter

STAY CONNECTED

www.bcmusicfund.comSlide27

KEEP IN TOUCH WITH CREATIVE BC…

@

creativebcs

www.creativebc.com

www.bcmusicfund.com

music@creativebc.comSlide28

Thank you for coming!