Ontario Media Development Corporation (OMDC) is an agency of the Ontario Ministry of Tourism, Culture and Sport. The OMDC administers a wide range of subsidies and tax incentives aimed at supporting Ontario cultural media cluster which includes book publishing, film and television, interactive digital media, magazine publishing and music industries.
In addition to tax credits such as OIDMTC, the OMDC offers a number of other tax credits and grants. Some of the programs are offered on the ongoing basis, and some are offered a pilot projects which sometimes become permanent and sometimes discontinued after one or two rounds of funding.
MCN has extensive experience working with OMDC and the programs it administers. We particularly focus on OIDMTC, IDMF, OMDC Export Fund and other programs aimed at supporting Ontario digital media and game development industries. The programs offered through OMDC are complementary to SR&ED. IRAP and other funding opportunities.
MCN consulting engagements normally cover the entire array of funding opportunities so that the overall return from the entire portfolio of programs and incentives is maximized.
The complete list of tax credits offered through OMDC can be found here.
The list of OMDC funding programs can be accessed here.
To learn how your company can take advantage of the funding offered through OMDC please contact us.