|

Music PEI Investment Program – Emerging Music Program

ByMaurice

Amount:

$1,000.00

Type of Program:

Grants

Description:

The Emerging Music Program is designed to help new and less established artists gain a foothold in the Music Industry. This is achieved by investing in projects that will enhance the applicant’s sales and marketability, as well as foster the development of the applicant’s business skills.

Comments on Funding:

Funding is up to: 

  1. 1
    60% of eligible expenses for Tour & Festival Support
  2. 2
    80% of Product Development, Showcase Support, Marketing and Promotion, or Commercial Recordings,
  3. 3
    100% for Live Performance Production Enhancement.

The non-repayable investment is up to a maximum of $1,000, 75% payable on approval and remaining payable on completion of final report.

When It Ends:

Ongoing

Deadline:

2022 dates to be announced

Eligibility:

The applicant must:

  •  emerging artists/groups (an artist or group who has not yet realized substantial provincial or regional exposure. Such artists have not yet secured a manager, agent, publicist, or record label),
  • PEI residents (the primary artist and/or the majority of the group must have a permanent address in PEI and the applicant has been a resident of PEI for at least one year),
  • Music PEI members.

Application Steps:

1

are encouraged to meet with the Program Officer prior to submitting applications,

2

must submit a proposal through the online application process.

Documentation Needed: 

​Applicants must submit a proposal including the following:

  • contact Information, 
  • the proposed project,
  • support materials,
  • a link to recorded music,
  • an artist biography and a high res artist photo,
  • a website and/or links to all other online profiles,
  • a detailed budget,
  • a business plan (including a critical path as well as a marketing plan).

​Applicants must complete an online “Completion Report” when submitting for final payments. It must include a full written summary of the project, measures for the success of the project and copies of all expenses and invoices.

Program Contact:

​Music PEI - Programs - How Decisions Are Made

​Emerging Music Program Guidelines​​​

​Music PEI Programs - Music PEI Investment Applications​​​

Related posts:

PEI Business Registry: Plain English Guide for Prince Edward Island Entrepreneurs
Major Industries in Prince Edward Island: Overview of 8 Top Industries
Aboriginal Business Financing Program (ABFP)
Jobs and Growth Fund (JGF)

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

Similar Posts

|

Agriculture Business Advancer

ByMaurice

Amount:$300,000.00 Type of Program:Grants Description:The Agriculture Business Advancer program supports the adoption of new technologies, processes or specialized equipment for the purpose of business growth.Comments on Funding:Applicants are eligible for 30% funding assistance on total eligible project costs to a maximum of $300,000.No more than 100% of non-repayable funding can be received for any eligible…

|

Direct Equity Tax Credit

ByMaurice

Amount:$50,000 Type of Program:Tax Credit Description:The Direct Equity Tax Credit is designed to encourage private investment in new or expanding small businesses as a means of creating new jobs and diversifying the economy. An investment credit, in the form of a provincial income tax credit, is available to individuals and arm’s length corporations who invest…

|

Wage Support Program for Early Childhood Educators (WSP-ECE)

ByMaurice

Amount:No Fixed Amount Type of Program:Subsidy Description:The Wage Support Program for Early Childhood Educators (WSP-ECE) is a wage enhancement program administered by the Department of Education and Early Childhood Development to support Operators of Early Learning and Childcare facilities with the recruitment and retention of trained educators. Comments on Funding:There are two levels of funding, depending…

|

MusicNL Virtual Professional Development

ByMaurice

Amount:$750.00 Type of Program:Grants Description:The MusicNL Virtual Professional Development provides assistance to artists or groups to improve creative skills, to gain greater knowledge of the music industry, to conduct business that seeks to promote and market MusicNL members outside the province, to attend (virtual) music related conferences, festivals and events.Comments on Funding:Funding is in the…

|

Emergency Working Capital Financing

ByMaurice

Amount:$100,000.00 Type of Program:Loan Description:The Emergency Working Capital Financing provides emergency working capital financing to assist PEI’s small business during this unprecedented economic disruption to business, caused by the Covid-19 pandemic. This loan program is to assist qualifying companies maintain normal business operations during these difficult times.  Comments on Funding:Funding is up to $100,000 with a…

|

Student Entrepreneurship

ByMaurice

Amount:$3,000.00 Type of Program:Loan Description:The Student Entrepreneurship component provides an interest-free loan of up to $3,000 to help students start a summer business that will create at least one full-time student summer job and provide the applicant with a valuable business experience.  Comments on Funding:Funding is up to $3,000. If the loan has been repaid…