TORONTO – The future of content and content delivery in Canada is being bolstered by home grown innovation, according to the Canada Media Fund (CMF).
The organization said that funding submitted for the first deadline of its Experimental Stream “vastly exceeded” the $16.2 million available – over 250 applicants requested almost $90 million to support 120 production, 112 development, and 21 marketing projects. As a result of the high demand experienced in the first round, the second and final deadline for applications has been extended from October 4 to November 12, 2010.
"We are truly impressed by the vast quantity and diversity of projects submitted thus far," said CMF president and CEO Valerie Creighton, in a statement. "The demand for funding from the CMF’s Experimental Stream by pioneering Canadians reflects the demand by Canadians for innovative content and content delivery and points to the need for financial support for these types of projects."
Applications received by the July 5th deadline are currently under evaluation and decisions will be announced in early October.
