Thursday 14 May 2009

Ontario is increasing its support for the innovative economy

The Partnerships Fund for the entertainment industry and the creation of Ontario is extended for four years.

Ontario continues to support economic growth in innovative renewing the Partnership Fund for the entertainment and through the creation of an investment of $ 12 million for next four years. The announcement was made today by the Honorable Aileen Carroll, Minister of Culture, in her speech to the Economic Club of Canada.

The Partnerships Fund for the entertainment industry and the Creation was established in 2006 with a budget of $ 7.5 million over three years. Its mission is to stimulate the growth of industries entertainment and creative in promoting capacity building, marketing, innovation and vocational training. Society development of the media industry in Ontario (OMDC) co-manages the fund in partnership with the Ministry of Culture.

Here are two examples of creative business hubs supported by this fund partnerships:
The Canadian International Festival Hot Docs film has expanded its global reach in 2008 through its Doc Shop. This service Doc Shop is a digital commerce server, through the Hot Docs festival (30 April - 10 May), allows delegates to have access on request to a library that contains over 1 500 documentaries from Canada and international. During the festival, Doc Shop strengthens the opportunity for buyers to view and acquire new Documentary Ontario. Doc Shop this service also works all year as a site of international trade for online buyers and
Documentary Distributors.

Niagara Interactive Media Generator - ngen or for short - is a incubator for new media in the Niagara region. Brock Partners University, Niagara College, Interactive Ontario, Silicon Knights, the Niagara Enterprise Agency, services and economic development tourist Ste. Catherine and Development CorporationEconomic Niagara have been working on two projects: the project "noiseinniagara" which is a website promoting the Niagara music scene and a set interactive education on the War of 1812. A tool for attracting investment is also underway. Last year, Microsoft ngen and were partners in a project to allow businesses to new media access to software worth several tens thousand dollars.

The next series of partnerships the fund will be launched at the end of May with the organization of information sessions that will in June, and the adoption of a deadline set for applications to 23 September.

QUOTATIONS
"The industry of the establishment of Ontario contributes not only to the modern economy of the province, but also a potential growth exponentially and the ability to create jobs for the future. By supporting innovation, research and development, we are helping Ontario to be
competitive and succeed in the global market for entertainment and media, a market that brings. "

- Aileen Carroll, Minister of Culture
"The Ontario government understands the huge advantage in terms of competitiveness, the industries that we offer in the context of the global knowledge economy where intellectual property is characterized by significant challenges. The fund is a resource partnerships valuable that unites industry partners, universities and Government in the common goal to create and promote cultural products that Ontario offers on international markets. "

- Kevin Shea, Chair of the Board of Directors of the OMDC
"We are pleased that this program will continue to encourage the type of innovative projects and cross that can allow companies in Ontario to be competitive on the international scene. Since it was established three years ago, the Partnerships Fund entertainment industry and the creation supported 43 projects involving 285 partners and amounting to 15.9 million dollars. "

- Karen Thorne-Stone, CEO of OMDC

"We are delighted to have taken this crucial step that allows us to providing services and strengthen our role as a key market the international documentary industry. Telefilm Canada, and the OMDC all our partners deserve to be congratulated for their vision vision and dedication to this project unique. " - Chris McDonald, CEO, Hot Docs

QUICK FACTS

- Since its early years, the fund partnerships has contributed to success of several major projects including the project Magazines Digital Discovery Canada, a project that supports the creation and hosting online delivery of digital magazines Canadian and draft Spotlight on China, a project that permit the arrival of 28 Chinese music directors of leading Otario, a mission that has enabled them to discover and explore business opportunities with companies in the Ontario
Canadian Music Week.

- With some 276 000 jobs in 2008, the Entertainment and the creation of Ontario is the third in America North, behind California and New York. It is at the forefront of provinces for the film and television production, book and magazine publishing, and sound recording.

- Ontario represents 40% of Canada's cultural GDP.

- According to estimates, the sector's contribution to the creation of Ontario is at least $ 7 billion in contributions direct cultural sector. If we include a wider range cultural contributions, the figure reaches 12.2 billion dollars.

- During the last decade, the entertainment and the creation of Ontario has created more than 80 000 jobs in the province - an increase of 40 per 100 compared to 17 p. 100 for the general economy of Ontario.

- According to estimates, the global entertainment and media accounted for over 1.5 trillion dollars last year.


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