Archive for the ‘OMDC’ Category

OMDC Interactive Digital Media Fund 2010 Round 2

The second round of the Interactive Digital Media Fund for 2010 has been announced by the OMDC. The deadline for applications is September 20, 2010 5PM. The guidelines for this round have been posted on the OMDC website at: http://www.omdc.on.ca/Page3215.aspx. Successful applicants can receive a non-refundable contribution up to $150,000 to a maximum of 50% [...]

Updates From the OMDC

On March 24th, the Ontario Media Development Corporation (OMDC) sent a bulletin informing clients that the enhancements to the Ontario Interactive Digital media Tax Credit (OIDMTC) first announced in the Ontario Provincial budget of 2009 have been passed. The tax credit rates have been increased for Eligible and Specified Products on expenditures incurred after March [...]

SR&ED: What’s the Deal With Double-Dipping?

When companies partake in multiple government funding programs, tax credits, grants, contributions etc, the issue of of ‘double-dipping’ often arises. There seems to be a lot of confusion around the concept of double-dipping and in this post we will attempt to clear some of them. Double-dipping can take one of two forms: (1) two or [...]

OMDC Intellectual Property Fund Assistance

The Ontario Media Development Corporation (OMDC) has recently announced the creation of a new pilot fund. The Intellectual Property Development Fund is a new assistance program, designed to help qualified Ontario corporations bring screen-based content closer to production or market ready stage. Assistance is provided in the form of a 30% refund on eligible costs [...]

OMDC IDMF Proposals Due Today

Today (May 11, 2009) is the deadline for the first round of submissions for the Ontario Media Development Corporation’s (OMDC) Interactive Digital Media Fund (IDMF). MCN wishes all those who applied the best of luck. The IDMF is a non-repayable grant available to interactive media companies operating in Ontario. Awards of up to $150,000 will [...]