Ontario is investing $6 million to support 52 interactive digital media (IDM) companies focused on building a vibrant digital media industry, creating jobs and growing the economy.
In Trinity-Spadina, five digital media companies will receive a total of over $181,800.
This investment is part of the Interactive Digital Media Fund, which helps companies develop innovative projects like video games, mobile apps and online magazines.
Beginning next year, the province will increase support for the Interactive Digital Media Fund to $10 million. Next year’s program, which begins accepting applications today, will also be more flexible, with new funding streams to support a wider variety of projects, including publishing businesses and marketing support.
Supporting a strong interactive digital media industry is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
“As interactive digital media plays a greater role in people’s everyday lives, this funding will help support the work being done in Trinity-Spadina and ensure that we continue to contribute to Ontario’s innovation economy.
— Han Dong, MPP for Trinity-Spadina
“I am proud that our government has increased our support for Ontario’s interactive digital media sector through an enhanced Interactive Digital Media Fund that responds to the needs of the industry. This is one of the fastest growing sectors in Ontario and our government’s investments will ensure that it continues to thrive, creating jobs and contributing to economic prosperity in our province.”
— Michael Coteau, Minister of Tourism, Culture and Sport
“Success in today’s digital marketplace requires innovation, diversification, new business models, risk-taking and collaboration. Ontario is home to a vibrant interactive digital media industry that demonstrates all these characteristics, and OMDC is committed to support its continued success at home and on the world stage with tools like the IDM Fund.”
— Karen Thorne-Stone, President and CEO, Ontario Media Development Corporation
“Over the last 10 years, we’ve seen Ontario’s game development industry erupt like a volcano. The OMDC has been the catalyst for this eruption on numerous occasions. We are thrilled to be awarded this grant because it will enable us to continue to tap into the amazing talent pool in Ontario.”
— Derek van Vilet, Co-Founder, Get Set Games Inc
Han Dong, MPP for Trinity-Spadina
226 Bathurst Street, Unit 100
Toronto, ON M5T 2R9
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