Support for Export and Cultural Outreach – Section 1: Strategic Development Abroad – New Markets, New Works

Programme d'aide à l'exportation et au rayonnement culturel – Volet 1 : Développement stratégique à l’étranger – Nouveaux marchés, nouvelles œuvres

Funder

SODEC

Program Type

Distribution

Deadline

09-Oct-20

Type of Aid

Grant (20%), Repayable grant (80%)

Financial Aid

50%, up to $125,000

Description

This section of the program aims to support Quebec companies that carry out commercial activities abroad that are spread out over a period of two to three years and that pertain to the development of new markets and new works, in accordance with the orientations and objectives indicated in their business plan. This support allows companies to carry out a set of export activities to be added to companies’ regular commercial and international activities.

Criteria

  • Applicant companies must demonstrate annual revenues of $10 million or more for the previous two accounting periods; for an applicant company belonging to a group of subsidiaries owned partially or fully by a parent company, the minimum of $10 million in revenues applies to the group of subsidiaries as a whole
  • In their export business plan, applicant companies must distinguish between their regular activities and new activities related to export market development projects
  • Applicant companies must identify the territories, works, activities, and deployment schedule for their export strategy in their business plan
  • Applicant companies must hold the distribution rights of the works indicated in the application for international sales in targeted territories
  • Applicant companies must be able to allocate funds representing 30% of the budget
  • Applicant companies must have fulfilled their repayment obligations towards SODEC before submitting a new application for this section of the program

Eligible Expenses

  • Economy class transportation costs
  • Accommodation fees in the territories targeted for export
  • Costs related to producing promotional materials for export activities
  • Costs related to promotional activities
  • Accreditation fees in situations where there is no organization that can host the applicant
  • Costs related to subtitling, dubbing, or voiceovers not covered by other funding (for one episode of a series or miniseries only)
  • Fees for independent consultants related to work completed abroad and the negotiation of agreements
  • Costs related to legal acts concerning commercial agreements abroad
  • Interpreter fees, if applicable

Supporting Documents

  • Completed SOD@ccès online application form
  • An export business plan, including:
  • A description of planned activities by market or by product

  • A schedule of activities

  • Short- and medium-term development strategies and objectives depending on the company’s positioning (development stage, competition, current and potential market sectors, etc.)

  • An analysis of target markets

  • A description of the works being brought to market and their sales potential

  • The positioning of the company to be able to complete the development of these markets

  • The tools, means, competencies, and resources, both internal and external, to be deployed by the company to realize all of the planned activities

  • Projected gross sales outside of Quebec for the next two or three years

  • Gross sales outside of Quebec for the previous two years

  • An itemized budget distinguishing eligible costs from ineligible

  • The project’s funding structure, indicating the applicant company’s financial participation as well as other confirmed or prospective funding sources

  • Financial statement review engagements from the applicant company’s previous two accounting periods
  • Master file, including:
  • Copies of the governing documents, certificate of constitution, articles of incorporation, declaration of registration, certificate of amendment and partnership or shareholders agreement (if applicable)

  • Shareholders and directors identification form

  • Organizational structures for the applicant company and, if applicable, any affiliated companies, including shareholders

  • Curriculum vitae of the applicant company’s executives

  • Financial statements