Backgrounder Article from  Federal Economic Development Agency for Southern Ontario

About The Canadian Film Centre

The Canadian Film Centre (CFC) accelerates the careers of the brightest talent in film, television, screen acting, music and digital media. A charitable organization, CFC is committed to promoting and investing in Canada's diverse talent; providing exhibition, financial, and distribution opportunities, industry collaborations and creative partnerships for top creative content leaders. CFC makes a significant cultural and economic contribution to Canada by launching the country's most creative ideas and voices to the world.

The Canadian Film Centre's Media Lab (CFC Media Lab) is an internationally acclaimed digital media think tank and award-winning production facility. It provides a unique research, training and production environment for digital media content developers and practitioners, as well as acceleration programs and services for digital entertainment start-ups and related SMEs. Program participants have emerged as leaders in the world of digital media, producing ground breaking projects and innovative, sustainable companies for the digital and virtual age.

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Contribution to the Canadian Film Centre

The Canadian Film Centre is receiving a non-repayable contribution of up to $4,764,525 towards total project costs of over $9 million, through FedDev Ontario's Investing in Commercialization Partnerships initiative, to help small- and medium-sized enterprises (SMEs) develop and launch digital media products and technologies.

FedDev Ontario's investment will support CFC Catalyze, a new project of six linked initiatives including:

  • ideaBOOST Engage Program: Multinational enterprises will work directly with emerging SMEs to develop product ideas and provide strategic guidance to help them navigate the development of their new technology.
  • ideaBOOST Production Labs: SMEs will have the opportunity to test their prototypes.
  • ideaBOOST Portfolio Program: The Centre will connect investors and multinational businesses to support the commercialization of technologies with global market potential.
  • Digital Transformation Labs: Established production companies throughout the digital media production and distribution chain, including production companies, traditional broadcasters, and non-traditional broadcasters, and digital media agencies will be connected to identify opportunities for developing and adopting new technologies and new value chains enabled by digital technologies.
  • Digital Entertainment Demonstration Projects: SMEs will participate in events to demonstrate the commercial value and potential of emerging technologies to relevant partners and multinational enterprises.
  • idea BOOST Unleashed: The Centre will introduce small- and medium-sized enterprises that are ready to launch their product globally with high potential connections in the United States, United Kingdom and South America.

Investing in Commercialization Partnerships Initiative

The Investing in Commercialization Partnerships (ICP) initiative supports business-led partnerships with a focus on developing globally-competitive products and services, or innovation platforms that can demonstrate commercial value.

Under ICP, funding will be provided for projects that:

  • Increase the capacity of the private sector to collaborate with existing and emerging innovation ecosystems within southern Ontario;
  • Create innovative products, technologies and services through business-led collaborations;
  • Develop commercially-relevant technology platforms; and,
  • Support the development of a critical mass of research and development activity in emerging clusters in southern Ontario.

Post-secondary institutions and incorporated not-for-profit organizations, publicly-funded colleges and universities, research institutions, and industry associations located in southern Ontario are eligible to apply under this initiative for projects that are business-led and focus on new technologies or platforms with demonstrated commercial value.

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Hon. Navdeep Singh Bains Hon. Bardish Chagger Federal Economic Development Agency for Southern Ontario Science and Technology Economics and Industry

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