All about Co-financing: Discount NMA submissions

The submissions process for the 37th annual National Magazine Awards is now open. The NMAF is currently accepting applications for Co-financing. [Version française ici]

The deadline to submit Co-financing applications is Tuesday January 7.

What is Co-financing? It is a 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 and return it to the NMAF by January 7 along with a confirmation of circulation (either an AAM 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 January 7. (The final submissions deadline is January 15.)

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? Magazines that have been approved for Co-financing must pay their submissions fees in full when they submit.

The NMAF will notify all successful applicants by email as soon as possible and not later than January 31, indicating how many submissions are approved for Co-financing. The Co-financing will be disbursed as a refund once all submissions are received and verified; not later than March 31, 2014.

Co-financing applications are available here.

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