A Closer Look at Digital Media Financing in Canada
Considering that Canadians represent some of the most engaged digital media users in the world, it’s only natural that Canada has long been credited for innovative development in cross-platform entertainment, game development, virtual and augmented reality, and more interactive digital media. In spite of this sector’s infancy, interactive digital media companies in Ontario alone generated […]
Upcoming Seminar in Delta, BC – Innovation Funding Programs for Growth-Oriented Companies
Please join us on January 27, 2016 at the Delta Town & Country Inn for a breakfast seminar on Government Funding for innovation presented by Northbridge Consultants and NRC-IRAP. This seminar will provide a unique opportunity for growth-oriented companies to network and learn from the experts about various tax credits, grants and loans for research, innovation and experimentation . Time: Wednesday, […]
Newfoundland and Labrador Interactive Digital Media Tax Credit
Originally announced as part of the 2015 Provincial Budget released in April, the government of Newfoundland and Labrador has recently finalized and implemented a new interactive digital media tax credit to support businesses in the competitive digital media industry. The Newfoundland and Labrador Interactive Digital Media (IDM) Tax Credit will offer a 40% refundable rate […]
2015 Waterloo Innovation Summit: What Drives Leading Innovative Ecosystems?
The 2015 Waterloo Innovation Summit begins today as a three day event that features a guided tour of the Waterloo Region ecosystem as well as a distinguished lineup of keynote speakers, firesides chats, and panel sessions at the main summit locations. Home to Canada’s most innovative University and over 500 tech companies, Waterloo Region boasts […]
Upcoming Breakfast Seminar on Government Grants in Abbotsford, BC
Join us at the Abbotsford Chamber of Commerce on Wednesday, September 30th for a free breakfast and Seminar on Government Funding presented by our Regional Manager for Western Canada, Jaap Siekman, as well as the Innovation Advisor for the National Research Council of Canada Concierge Service, Erik Kaas. Time: Wednesday, September 30, 2015 7.30 am- […]
Digifest 2015- Canada’s Digital Festival
Digifest, Canada’s premier digital festival, will take place from May 7th to May 9th 2015 at the Corus Quay building in Toronto, Ontario. This event showcases digital media, art, and technology content, with everyone from architects to app developers to entrepreneurs coming together to share their works and experiences within the digital media industry. Digifest […]
The 2015 Ontario Provincial Budget: Digital Media Review
In the 2015 Ontario Budget, published by the Ministry of Finance, the Government of Ontario announced a review of the Ontario Interactive Digital Medial Tax Credit program (OIDMTC). As a result of this review, the government has re-stated and re-emphasized the program to focus on interactive entertainment products, and on educational products for children under the […]
Linking SR&ED to OIDMTC Tax Credits
The Scientific Research and Experimental Development (SR&ED) tax credit provides support for digital media companies that are investing in innovative technologies and experimental development projects. Eligible companies can receive support for labour, materials, overhead, and subcontract costs related to scientific research or experimentation development. The SR&ED tax credit works seamlessly with other programs including the […]
Canadian Video Game Industry Continues to Thrive
It may come as no surprise that Canada now ranks 3rd worldwide in the video game industry according to the Entertainment Software Association of Canada. With game studios like Ubisoft producing blockbuster titles such as Assassin’s Creed 3, and a booming mobile gaming app industry in Toronto, Canada is well on its way to rise […]
Digital Media Funding – A Case Study
Kibooco is a Vancouver digital media start-up developing an interactive platform for children to design and create their own books. As a start-up, the team behind the Kibooco vision had to develop a strategy to finance their project, and looked to a number of government incentive programs. After being rejected for the BC Film and […]