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Canada New Media Fund Launched
2001-02 guidelines now online
Montréal, December 6, 2001 - Telefilm Canada today introduced the 2001-02
guidelines of the Canada New Media Fund, which replaces the former Multimedia
Fund created in 1998.
"This is welcome news, since the new media industry will now have means
equal to its ambitions" said François Macerola, Chair of Telefilm Canada's
Board. "With annual resources increasing from $6 million to $9 million,
the Fund will support all new media industry activities and bolster the
industry's visibility at home and abroad. Our thanks go to Canadian Heritage
Minister Sheila Copps, to our colleagues at the Department, to the Fund's
Advisory Committee and to the industry. The launch of this fund is the
result of a collective effort to ensure a strong Canadian presence in
new creation and distribution technologies."
The Canada New Media Fund includes three sections:
- Product assistance - financial support for the pre-development, development,
production and marketing/distribution of original cultural new media
products
- Distribution assistance - financial support for online distribution
projects aimed at enhancing the availability and visibility of existing
Canadian new media products; industry support in the form of Telefilm
market participation is also provided through this section.
- Sectoral development assistance - support for activities that benefit
the entire industry by encouraging promotion and professional and industrial
development
The Corporation will favour new media projects that are
original and of high quality, have good commercial potential, come from
small and medium-size companies, and reflect the linguistic duality and
cultural diversity of Canadian society.
"Several aspects of our new media support have been improved,"
explained Johanne St-Arnauld, Interim Executive Director of Telefilm Canada.
"The Corporation now offers financing in the form of advances repayable
from revenues, rather than loans, which were a hindrance for an industry
in the start-up phase. In addition, the Fund supports a wider range of
products, and our application submission dates have been set to ensure
a suitable allocation of resources and facilitate industry planning."
The deadlines for applications to be considered in 2001-02
are as follows:
- Product assistance: January 7, 2002
- Distribution assistance: January 7, 2002 ·
- Sectoral development assistance: No deadlines; applications will be
assessed on receipt.
Applicants are encouraged to submit their requests as soon
as possible in order to expedite processing.
Don't miss the webcast on December 13, 2001
A webcast presenting the 2001-2002 guidelines is planned and will be held
on December 13, 2001 at 1:30 p.m.(E.S.T). To participate go to the webcast
page on the Telefilm Canada website
(http://www.telefilm.ca/en/webcast.htm)
Telefilm Canada, a cultural investor in cinema, television,
multimedia and music
Telefilm Canada is a federal cultural agency dedicated primarily to developing
and promoting the Canadian film, television, new media and music industries.
The Corporation acts as one of the government's principal instruments
for providing strategic leverage to the Canadian private sector.
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Information:
Jeanine Basile - Senior Communications and Public Affairs Attaché
(514) 283-6363 or 1-800-567-0890
basilej@telefilm.ca
Website: www.telefilm.ca
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