Interactive Digital Media (IDM) Fund: 2020 Deadlines

Interactive Digital Media (IDM) Fund: 2020 Deadlines

The Interactive Digital Media (IDM) Fund provides provincial government funding to assist with the conceptualization and development of interactive digital media projects. These Ontario business grants support innovative projects that focus on products and/or services that will educate and entertain end users. Funded projects should offer original interactive digital media content that provides positive impacts…

What is the Ontario Creates IDM Fund: Futures Program?

What is the Ontario Creates IDM Fund: Futures Program?

New entrants to Ontario’s interactive digital media community must overcome steep knowledge and financial hurdles. There are many obstacles to tackle before software and game developers can launch their first product; this is often a long and complicated process where innovators must tap into several organizations and resources for support. Fortunately, the Interactive Digital Media…

Interactive Digital Media Fund: Ontario Software Grants

Interactive Digital Media Fund: Ontario Software Grants

Ontario’s interactive digital media industry is growing rapidly. A recent study found that it contributed $1.4 billion towards Ontario’s GDP in 2015 (up from $917 million in 2010), and supports nearly 11,000 full-time equivalents (FTE) employees. Continuing this success by driving innovation is a key to maintaining a strong, sustainable industry for years to come. Fortunately,…

Do You Qualify for the Ontario Interactive Digital Media Tax Credit?

Do You Qualify for the Ontario Interactive Digital Media Tax Credit?

The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a government funding program that provides financial support to software and digital application developers within the province. It entitles eligible interactive digital media developers to recover a portion of labour and marketing/distribution expenses attributable to both specified and non-specified products. These Ontario Creates tax credits will…

Interactive Digital Media Fund: Global Market Development Grants

Interactive Digital Media Fund: Global Market Development Grants

Digital media developers often struggle to grow their businesses internationally. This missed opportunity can significantly limit revenues and reduce future growth potential; however, government incentives exist to help remove international market barriers. Organizations such as the Ontario Creates (formerly OMDC) provide access to government funding to offset expenses to improve the viability of export market…