Strong Demand for CMF Experimental Stream Funding

The Canada Media Fund (CMF) today announced that the future of content and content delivery in Canada is being bolstered by home grown innovation, as evidenced by the strong demand for funding through the CMF’s Experimental Stream. Applications submitted for funding by the first deadline, July 5, 2010, vastly exceeded the $16.2 million available at this round. Over 250 applicants have requested almost $90 million to support 120 production ($57 million requested), 112 development ($25 million requested), and 21 marketing ($8 million requested) projects. First round applicants represent all regions of Canada, and their projects include console, PC, and online games; alternate reality games; websites and webportals; webseries; mobile applications; software applications; and more.

“We are truly impressed by the vast quantity and diversity of projects submitted thus far,” said Valerie Creighton, President and CEO of the CMF. “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.”

Excerpt from CMF Press Release. Read the full release here.