Ontario cultural mag publishers will receive first tranche of OAC "top up" funds in October

More information on the Ontario Arts Council's "top up" for eligible magazine and book publishers, courtesy of a post on Quill and Quire:

The extra money is the result of an "administrative surplus" at the OAC. Publishers now receiving block grant funding in 2009–10 are eligible to receive up to 57% of their current funding over a three-year period. Details of reporting are now being worked out but

The OAC began contacting eligible publishers this week. Publishers will receive 50% of the first-year top-up payment beginning in October; the other half will be released upon the OAC’s receipt of proposals for using the funds. According to the OAC, the funds may be used to enhance “private sector revenues, earned revenues, and/or to develop … audiences.”

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