Virtual Reality Technology Development Timeline

Virtual Reality Technology Development Timeline

Virtual reality has evolved from science fiction to one of the most entertaining and educational platforms available. But the ascension of virtual realities hasn’t been as quick as many believe; there have been decades of labour-intensive research and development projects behind contemporary VR systems. While the pursuit of computer-generated, immersive worlds has been significantly accelerated…

What is Virtual Reality and How Can Canadian Firms Develop It?

What is Virtual Reality and How Can Canadian Firms Develop It?

Virtual reality (VR) is an interactive experience that enables users to interact within a simulated, computer-generated environment. Although it has long been considered a work of science fiction, virtual reality is now more realistic and has practical, valuable uses. Most modern virtual reality systems incorporate the use of head-mounted displays (HMDs) that render high-quality audio…

Canada Media Fund Awards $9.5M to Interactive Digital Media Projects

Canada Media Fund Awards $9.5M to Interactive Digital Media Projects

Twelve media companies operating out of Canada have received Canadian government funding for their interactive digital media projects. The awarded projects will include eight games, two software applications, and two rich interactive media applications. This funding has become available through the first round of the Canada Media Fund (CMF) 2018-2019 Experimental Stream – Innovation Program….

Canada Media Fund Awards $10.3 Million to Digital Production Projects

Canada Media Fund Awards $10.3 Million to Digital Production Projects

The Canada Media Fund (CMF) recently awarded small business funding to 14 projects entering their production stage. Over $10.3 million in government funding was divided among these projects, with funding ranging from $321,000 to $925,000 per project. CMF plays a vital role in the development and production of Canadian media content. Through the Canada Media…

Qualify for the Ontario Interactive Digital Media Fund

Qualify for the Ontario Interactive Digital Media Fund

The Interactive Digital Media Fund provides Ontario government grants for businesses that are conceptualizing or producing interactive digital media content. Through two unique streams, the program provides small business funding worth up to 50% of project expenses to plan and produce content. Ontario companies may wish to pursue this opportunity if they are producing interactive digital…

When to Apply for the Canada Media Fund: Experimental Stream in 2016

When to Apply for the Canada Media Fund: Experimental Stream in 2016

The Canada Media Fund (CMF) supports innovative, interactive digital media content or software projects that are produced, developed, and promoted by Canadian businesses. One of CMF’s funding streams, the Experimental Stream, was expanded last year and now includes two programs, including the well-known Innovation Program and a new Commercial Project Pilot Program (C3P). Through these…

Interactive Digital Media Fund: 2016 Application Deadlines

Interactive Digital Media Fund: 2016 Application Deadlines

Update: Please access this article to learn when to apply for Interactive Digital Media Funding this year. Supporting innovative projects and businesses within Ontario’s digital media industry, the Ontario Media Development Corporation (OMDC) provides a variety of Ontario government funding and business resources to media companies within the province. One of their small business funding…

Ontario Interactive Digital Media Tax Credit: 2015 Budget Changes

Ontario Interactive Digital Media Tax Credit: 2015 Budget Changes

Ontario’s digital media production industry provides the province with substantial economic benefits. Digital media contributes over $1.5 billion to the Ontario economy on an annual basis and provides full-time employment to more than 16,000 Ontarians. To enhance the competitiveness of Ontario corporations producing digital media, the Ontario Media Development Corporation (OMDC) created and administers the…