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 […]
Upcoming Digital Media Events in Ontario
Digital media professionals do more than create software and content that entertain the masses. They also play a big part in helping medical professionals work together to improve patient care and save lives. On October 14, Interactive Ontario is hosting Interact: Hacking Healthcare in Toronto. This two-hour event from 6-8 p.m. is for digital media […]
Canada Media Fund Experimental Stream Applications Due
The final 2015-2016 intake for the Canada Media Fund’s Experimental Stream (Production) will be closing on September 22, 2015, while the Development and Marketing & Promotion segments will be closing on October 6, 2015. The Experimental Stream of the Canada Media Fund (CMF) is designed to support Canadian interactive digital media content, including application software, […]
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- […]
2015-2016 OMDC Interactive Digital Media Fund Details Released
As part of the April 23, 2015 budget, the Ontario government has injected additional funding into the OMDC Interactive Digital Media fund program to enhance its mandate. The IDM fund, aimed at enabling the creation of high quality, interactive digital media content that positively affect Ontario economy, is administered by the Ontario Media Development Corporation […]
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 […]
Student Start-ups: Success of Velocity
Velocity was created for the purpose of giving students at the University of Waterloo access to resources to turn their innovative ideas into successful start-up businesses. Through Velocity, students at the University of Waterloo are fostered as entrepreneurs through first-hand experience and interaction with successful industry professionals, and are supported with the tools to learn, […]
Communitech: A Leader in Global Technological Innovation
In 1997, Communitech was founded in the Waterloo Region by a group of entrepreneurs to establish a community with the aim of supporting technological innovation at all geographic levels: regionally, provincially, and nationally. By the beginning of 2015, this not-for-profit organization has created a tech hub consisting of 1,000 companies (including Google, BlackBerry, and Open […]
OIDMTC Supports Development of Digital Media in Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. Eligible projects must be interactive digital media that includes content designed to educate, inform, or entertain that incorporates at least two of the following: text, images, or sound. The tax credit funds […]
OIDMTC Supports Development of Interactive Digital Media in Ontario
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that supports the development of interactive digital media in Ontario. The tax credit funds 40% of eligible labour, marketing, and distribution costs. The maximum contribution per project is $100,000 for marketing and distribution costs, but the labour contribution is uncapped. In order […]