The program will support access to radio advertising grants for local Canadian businesses in all sectors
Stingray, a leading music, media, and technology company, will do its part to kick-start Canada’s economic recovery and is proud to announce the establishment of an economic stimulus plan via its 104 radio stations across the country to help local businesses obtain grants in the form of radio advertising during this unprecedented crisis.
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Through this program, Stingray will provide a minimum of $15 million in radio advertising grants to local businesses in markets across Canada where Stingray operates local radio stations. Stimulant grants will range from a minimum of $1000 up to a maximum of $100,000 in radio advertising per business. The recipient business will have twelve months to utilize the radio advertising grant provided towards booking and airing a radio advertising campaign and will not be required to invest additional sums with Stingray radio stations to receive the grant.
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“Radio advertising has long been a successful stimulus for local economic activity in our country,” said Ian Lurie, President, Stingray Radio. “We are delighted to support local businesses lacking the capital resources to invest in advertising to effectively relaunch their business. The Stingray Stimulus Program is our way of helping to kick-start Canada’s economic engine for local business.”
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