Ontario's economy: Getting creative!
You may have heard about the creative economy, but what is it? Sometimes called the cultural economy, the creative economy is comprised of knowledge- or idea-driven businesses and is a driving force in Ontario's economic future. If your business is involved in the creation, production, and distribution of goods and services protected by intellectual property rights, your business is part of this expanding area of the economy.
Your creative economy business can be involved in:
- Film/TV production
- Music and dance
- Advertising and design
- Digital content (videogames, mobile content, websites and online services, etc.)
However, the creative economy consists of more than just the arts. If you are an engineer, an educator or scientist, your patents and trademarks for innovative designs or developing new processes are also a part of Ontario's creative business landscape.
Why is the creative economy important? Your creative business and intellectual property help:
- Attract people, businesses, and investment into Canada
- Stimulate creativity and innovation within your industry
- Distinguish Canada as a distinct economic presence in the world
Benefit from Ontario's creative industry growth by taking advantage of government support to start or grow your business in this sector. You can find a variety of resources and information on financial support to aid your business growth on The Ontario Media Development Corporation site.