OMIF - Technical

• A Business Plan is required for applicants requesting $50K or more – but it is optional for those requesting under that amount. If you are requesting less than $50K and do not have a business plan, the application schema will direct you to answer specific questions reflecting key elements of a traditional business plan. Specifically, we are looking for detail regarding:

  • Applicant track record, including profile(s) of key personnel;
  • Company strategy and business model (revenue model);
  • Market overview;
  • Overview of general business activities and short/long-term goals;
  • Company SWOT analysis; and
  • Case for OMIF support.

  For applicants requiring a full business plan, you have the flexibility to structure your plan as it best suits your business. Essentially, we’re looking for you to speak to the elements listed above and provide us with a strong business case for funding. We recommended that this document range between 10-25 pages.

  
  

  Please do not include financial statements in your business plan since this information already resides in your required financial statements. This detailed financial statement information is only reviewed by the Ontario Music Office team as part of Ontario Creates' assessment process. As such, this information should be kept distinct from the business plan, which is reviewed by external jurors.