Funding for innovation in periodical publishing

Financial assistance of up to $75,000 for business innovation projects with existing Canadian periodicals or up to $5,000 for digital periodical start-ups.

The Business Innovation component of the Canada Periodical Fund (CPF) provides financial support to eligible small and mid-sized printed magazine and digital periodical publishers. This component of the CPF encourages innovation to adapt to changing market conditions and contributes to the diversity of content sought by Canadian readers.

To be eligible for funding, your publishing firm and any affiliated companies must:

• be in operation throughout the application process and until the completion of the project;
• be majority owned and controlled by Canadians;
• be private‑sector entities, including corporations, not‑for‑profit organizations, partnerships and sole proprietorships (Note: All applicants, including for start‑up projects, must have a Business Number (BN)); and
• have their principal place of business in Canada.

Print magazines only:

• The total average circulation for the magazine during the 12‑month reporting period cannot exceed 100,000 copies per issue.

Digital periodicals only:

• The maximum total revenue for any digital periodicals cannot exceed $500,000 (as declared in the application form).

Business Innovation can provide up to $5,000 in start‑up funding to help aspiring or emerging publishers plan, launch or further develop a digital periodical. Eligibility criteria for the start‑up project are detailed in the Application Guidelines.

Give your application the best chance at approval. AKR Consulting has an 99% approval rating across all Canadian funding programs.