FACTOR Facts & Figures Worth Noting From 2016-2017

FACTOR offered the big picture regarding a successful year ending March 31, 2017 with its annual report released last week.

But when it comes to actual submissions, there are some intriguing numbers.

Of the 6007 applications that were submitted, 2886 received approvals.

Here's a breakdown: 

  • 717 sound recording applicants out of 3003 received funding, accounting for $4.476M funded as opposed to $17.3M requested.

  • 508 showcases out of 657 applications were approved, collecting $754.2K out of a possible $990.8K asked for.

  • Tour support to 415 of 520 applicants totalled $3.59M instead of a desired $4.89M.

  • A little less than half the marketing support dollars requested received approval: 228 out of 556 applicants got $3.35M rather than $6.895M.

  • For radio marketers, 48 out of 91 were approved for $219.7K out of a bid for $339.6K in financing.

  • 162 video projects were given $942.17K, short of the 245 requests for a total of $1.47M.

  • Industry support received $1.182M for 580 applicants; 718 had asked for a total of just under $1.6 M.

  • 114 collective initiative applicants were bequeathed $3.71M, compared with 163 that had sought $5.163M

The five genres that secured the largest amounts of funding were:

  1. Pop - $1,860,202

  2. Folk - $1,753,839

  3. Rock -$1,698,984

  4. Alternative Rock - $1,662,269

  5. Country - $835,027 

The five genres that received the smallest amounts of funding:

  1. Children's - $7,178

  2. Specialized - $22,500

  3. Aboriginal - $25,547

  4. Traditional - $45,006

  5. Hard Rock - $62,391

The number of jurors: 580, with Ontario not surprisingly offering the largest provincial representation at 248, followed by British Columbia (79) and Manitoba (63).

The three territories least represented included Yukon (7), Newfoundland and Labrador (8) and P.E.I. (11) with three marked as "other."

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