Funding Model

The Montreal International Poetry Prize is a not-for-profit organization registered in Canada. Our mission is to promote work and interest in poetry around the world.

Support By Participation

Our primary activities are, naturally, running the world’s largest poetry ‘competition’, and publishing a first-of-its-kind annual global poetry anthology.

But our social entrepreneurship model is perhaps even more ambitious. Though we are always looking for sponsors of all kinds to help make the Montreal Prize even better, we want our core activities to be sustained by the direct participation of our supporters.

In other words, our goal is to turn the traditional patronage model on its head, and deliver a major annual poetry prize funded directly by poets themselves.

This means that when you enter into the competition, your fee doesn’t just give you a chance to win the prize – it also means you’re participating in a unique cultural project and helping to support global poetry.

And as a not-for-profit organization, any extra funds we can generate will go towards poetry-related projects. In this way, the Montreal Prize has the potential to become an annual means of raising funds for promoting and supporting poetry around the world, including direct financial support for poets and the creation of a global poetry center.

A Not-For-Profit Organization

As a not-for-profit (NFP) organisation registered in Canada, the Montreal International Poetry Prize commits any surplus funds to develop the Montreal Prize and to pursue our cultural mandate, which is:
(1) to run an annual global poetry award
(2) to produce an annual global poetry anthology
(3) to provide employment and support to poets from around the world

Our Grassroots Funding Model

By “grassroots” we mean “from and by the community”; in this case, the global literary community. Our management, our advisory board and our editorial team are all staffed by writers; and, ultimately, we’d like our competition to be funded directly by those who participate in it.

Although we will need patrons and possibly commercial sponsors in our start-up years, we hope to establish a wide enough community of individual supporters so that we can be self-sustaining in just a few years. This should lighten the burden of donors and sponsors who may be wary of committing to long-term funding.