All about Co-financing: Discounted NMA submission fees

The submissions process for the National Magazine Awards opens on December 1. On that date, the NMAF will make available the applications for Co-financing on its website. [Version française ici]

The deadline to submit Co-financing applications is December 9.

What is Co-financing? It is an NMAF partial subsidy of the cost of entering the awards. It is available to small publications with less than $250,000 in total revenue.

There are two levels of Co-financing available: one for publications with under 20,000 circulation; another for even smaller publications with under 2000 circulation.

How does one apply? Applicants must download and complete the application form (available on December 1) and return it to the NMAF by December 9 along with a confirmation of circulation (either an ABC or CCAB audited statement, or a copy of the magazine’s most recent print-run confirmation). The application must indicate how many submissions the magazine plans to enter, though the magazine does not have to enter its submissions by December 9.

There is no limit to the number of submissions that Co-financing applicants can enter. All successful applicants will be approved for Co-financing of a minimum of three submissions (unless they’ve indicated they will only submit one or two). As the NMAF has limited resources for Co-financing, successful applicants indicating they plan to enter more than three submissions will be approved for Co-financing on the remainder of their stated submissions on a first come, first served basis until the NMAF reaches its funding cap.

What happens next? The NMAF will notify all successful applicants by email no later than December 20, indicating how many submissions are approved for Co-financing. Applicants will have until the submissions deadline of January 13, 2012 to enter their submissions.

Magazines that have been approved for Co-financing must pay their submissions fees in full when they submit. The Co-financing will be disbursed as a refund once all submissions are received and verified; not later than March 2, 2012.

Co-financing applications will be available December 1 here.

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