CMF, Creative BC launch new $1M program to support video game companies in British Columbia
Toronto and Vancouver, August 30, 2024 – The Canada Media Fund (CMF) and Creative BC (CrBC) today announced a new joint program to support the growth of video game businesses in British Columbia. With a $1M budget, the Video Games Business Development Program will allocate funding—up to $200,000—to B.C.-owned and controlled companies to develop creative intellectual properties, encouraging growth for mid-level and experienced studios beyond the constraints of project-by-project funding. The CMF and CrBC are each contributing $500,000 to the program’s budget.
"The CMF is delighted to partner with Creative BC to support B.C.-owned video game companies in developing intellectual properties and building capacity," said Valerie Creighton, President & CEO, CMF. "This program will not only bolster the local industry but also empower studios to compete on the global stage. Our collaboration is a vital step in promoting more growth and innovation across Canada’s digital media landscape.”
The Program will support video game companies with a significant track record of production in British Columbia. Proposals must be business-focused with plans for ongoing content production and capacity building.
Read the full program guidelines
Potential applicants are invited to submit a request for funding before November 4, 2024. Companies applying to the program must submit plans that must be achievable, appropriately resourced, and structured to obtain the best economic outcomes from public funding, as measured by audience reach and domestic and international market success.
Learn more and apply for funding
An evaluation panel of industry professionals representing the groups this program is intended to serve will be established by CrBC and the CMF to determine successful projects based on business viability, impact, and additional criteria, as outlined in the program guidelines. Decisions will be announced in February of 2025.
About the Canada Media Fund
The Canada Media Fund (CMF) fosters, develops, finances, and promotes the production of Canadian content and applications for all audiovisual media platforms. The CMF guides Canadian content towards a competitive global environment by fostering industry innovation, rewarding success, enabling a diversity of voice, and promoting access to content through public and private sector partnerships. The CMF receives financial contributions from the Government of Canada and Canada’s cable, satellite, and IPTV distributors. Visit our website for more information
About Creative BC
Creative BC is an independent society created and supported by the Province to sustain and help grow British Columbia’s creative industries: motion picture, interactive and digital media, music and sound recording, and magazine and book publishing. The organization delivers a wide range of programs and services with a mandate to expand B.C.’s creative economy. These activities include: administration of the provincial government’s motion picture tax credit programs; delivery of program funding and export marketing support for the sector; and provincial film commission services. Combined, these activities serve to attract inward investment and market B.C. as a partner and destination of choice for domestic and international content creation. The agency acts as an industry catalyst and ambassador to help B.C.’s creative sector reach its economic, social, environmental, and creative potential both at home and globally. Website: www.creativebc.com
Media contacts
Maxime Ruel
Senior Manager, Communications, CMF
[email protected]
Lisa Escudero
Manager, Brand and Communications, Creative BC
[email protected]
+1 604-730-2235
