Production program — French market budgets under $3.5M
Highlights
Hello,
If your business is all about creating feature-length films, this program is tailor-made for you. You can receive up to $500,000 to cover production or post-production costs. This funding can take care of up to 49% of your expenses, so you can focus more on your film and less on financial worries.
What's truly exciting is that this contribution is non-repayable. You won't have to pay it back, which means more resources can go directly into your project. If an equity investment suits your business model better, that's an option too. This program is especially beneficial for Canadian companies working on French-language films, providing the support you need to bring your creative vision to life.
Getting approved could be a game-changer for your business. It's designed to be accessible, so qualifying shouldn't be a hassle. With this support, you can elevate your film project and make a significant impact in the industry.
Financing Details
This program offers two main types of financing: a non-repayable contribution and an equity investment. Businesses can receive up to $500,000 as a non-repayable contribution, meaning this amount does not have to be paid back. Alternatively, an equity investment option is available, which covers up to 49% of the production or post-production costs.
Repayment and Interest Rates:
- The equity investment may come with terms that should be reviewed in the agreement, such as potential returns on investment depending on the success of the project. Specific details regarding any repayment terms for the equity investment will be outlined in the individual contract agreements.
Eligible Expenses:
- Funds can be used towards a variety of production and post-production expenses. These include but are not limited to, crew salaries, set construction, equipment rental, post-production editing, and marketing costs.
Restrictions on Use of Funds:
- The financing cannot be used for expenses outside of the direct production or post-production costs. This includes overhead costs, unrelated business debts, or purchasing real estate.
Fees:
- There are no application fees for the non-repayable contribution. However, details regarding any fees associated with the equity investment should be verified directly as they may vary based on the specifics of the agreement.
Qualifications
- Head Office Location: Must be in Canada.
- Business Activities: Must be carried out in Canada.
- Project Type: Must be a feature-length film.
- Project Stage: Must be in production or post-production.
- Language: Primarily French-language for the specific funding description.
- Budget: Projects with budgets of $3.5 million or more require a carbon footprint report.
- Contingency Reserve: Must have a minimum contingency reserve of 8%.
- Funding Structure: For French-language projects, at least 60% of the financial structure must be confirmed for certain submission periods.
- International Coproductions: Eligible, but specific conditions apply based on budget and language.
- Minority Coproductions: Telefilm’s financial participation must not exceed $500,000 for specific funding options.
- Post-Production Applications: Eligible for a non-repayable contribution or a repayable investment.
Description
If you're in the business of making feature-length films, this program is a fantastic opportunity for you. You can receive up to $500,000 to help with your production or post-production costs. This money can cover up to 49% of your expenses, which means you can focus more on creating a great film and less on financial stress.
The best part? This contribution is non-repayable. That means you don't have to worry about paying it back, allowing you to invest more in your project. Alternatively, you can choose an equity investment if that suits your business model better.
This program is designed for Canadian film production companies, especially those working on French-language films. It's a great way to get the support you need to bring your creative vision to life. Whether you're just starting out or looking to expand, this funding can be a game-changer for your business.
Program Steps
Prepare Your Application
Gather all necessary information about your film project, including budget details and production timelines.Compile Required Documentation
Ensure you have the following documents ready:- Project budget
- Production schedule
- Financing plan
- Production Sustainability Plan
- Declarations and business policies
- Any previous guidelines or templates relevant to your project
Submit Your Application
Use the Dialogue platform to submit your application along with all required documents.Monitor Application Status
Keep an eye on your application status through the Dialogue platform. Be ready to respond to any requests for additional information.Prepare for Evaluation
If selected, be prepared to provide further details or documentation as needed during the evaluation process.Await Decision
Wait for the decision on your application. Notifications will be sent through the Dialogue platform.Plan for Funding Use
If approved, plan how to allocate the funding effectively to maximize your production or post-production efforts.
