Tuesday, July 31, 2007

Canada Magazine Fund project support now available for medium-sized mags

The circulation ceiling for applications to the Canada Magazine Fund (CMF) for business development has been raised to allow more medium-sized titles to qualify for the project-based funding.

The program had been called Support for Business Development for Small Magazine Publishers and the word "small" has been dropped. (The same publishers will still have the choice to go instead with the support for editorial content option.)

According to a story in mastheadonline (sub req'd), the department changed the criteria this spring (the new guide is available here). CMF manager Nadia Laham, said the changes reflected research into the program's results and representations from the industry.
"You’re looking at flexibility and responding to the needs of the publisher. The old Support for Business Development for Small Magazine Publishers was very successful but there was a clear gap for medium-sized publishers who didn’t benefit from that.”
Eligible magazines can receive up to $40,000 (the average over the past couple of years was about $36,000) and must have 45,000 circulation or less (the old cutoff was 20,000).

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