Major Festivals and Events Support Initiative
The Major Festivals and Events Support Initiative (MFESI) is a two-year, $200-million national fund to help major Canadian festivals survive and adapt to the pandemic. It will also help position them for post-pandemic economic recovery and growth.
To be eligible for funding under the MFESI, organizations must demonstrate an annual revenue exceeding $10 million.
Non repayable loans from the MFESI will be available to non-profit organizations to:
- meet liquidity needs to ensure continued operations or adapt activities to new realities and requirements related to the pandemic
- enhance product and experience offerings so that they can better position themselves to move into the new economy, in compliance with current health standards as defined by the relevant public authorities
For Canadian festival and cultural event organizations that don't qualify for funding through the MFESI, additional support is available through Canadian Heritage with the Reopening Fund and the Recovery Fund for Arts, Culture, Heritage, and Sport Sectors.
Due to the specific eligibility criteria of the funding, the MFESI will be delivered by three of six regional development agencies.
If you qualify for funding, see the following resources:
Canada Economic Development for Quebec Regions (CED)
For businesses located in Quebec
Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
For businesses located in Southern Ontario
Western Economic Diversification Canada (WD)
For businesses located in Alberta, British Columbia, Manitoba and Saskatchewan
The safety and security of Canadians remain this government’s top priority. In order to qualify for the fund, organizations must commit to respecting important safety guidelines when they open.
Other funding support measures
Other support measures are available to you! Visit Managing your business during COVID-19 to learn more.
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