🏠 | Newfoundland and Labrador | Equity Investment Program

Equity Investment Program

Amount:

No fixed amount

Type:

Investment

Description:

The PictureNL Equity Investment Program is available for eligible screen industry companies which are majority owned by a resident of Newfoundland and Labrador. The program may provide up to 20% towards a production’s financial structure but normally the project’s local spend is a key criterion, among other factors, in determining an investment amount.

Deadline:

April 14, 2025 July 7, 2025 October 6, 2025

Eligibility:

Applicants must:
1. Be incorporated Newfoundland and Labrador film and video production companies
2. demonstrate that their primary focus is on the development, production, and distribution of film and video products, and
3. At least 51% owned by a resident of Newfoundland and Labrador as
described for individuals.
a. For the purposes of these guidelines, a Newfoundland and Labrador Resident is
a person who has maintained a principle residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application

Application Steps:

Applicants must submit:

1. Electronically via email: suzanne@picturenl.ca
a. Please name files with the following format:
YOUR PRODUCTION COMPANY NAME – PROJECT NAME – FILE TYPE – DATE
Example: NL Films Co. – Stars – Budget – Jan 12-24
b. The application form and all supporting documentation should be submited as a single zipped
folder atachment (click here to learn how to zip folders)
• Please submit with the subject line
“Equity Investment Application – Your Production Company Name – Project Name”

2. In-person or via mail to:
PictureNL
70 Portugal Cove Road, Suite 201
St. John’s, NL A1B 2M3
a. Please include the application form and all supporting documentation in one large envelope.
• Do not staple or bind the application form or any supporting documentation.
• Include a cover page with the following title:
a. Script Development Application
b. Your Production Company Name
c. Project Name
d. Date

Documentation Needed:

Applicants must submit:

1. Completed Application Form
2. Production company’s Certificate of Incorporation.
3. Production company’s most recent financial statements.
4. Project synopsis (maximum 500 words).
5. A copy of the treatment outline, screenplay, or lookbook if applicable.
6. A detailed schedule for development of this project
7. Any marketing or distribution plans, if applicable.
8. Copies of any correspondence related to license and distribution agreements, if
applicable.
9. A copy of agreement(s) pertinent to writing of screenplay
10. Chain of title documentation, if applicable.
11. Copies of resumes and background information including area of residence for
production staff.
12. A copy of the original literary property, if applicable
13. A copy of the literary property agreement, if applicable.
14. Any leters of commitment for the financing of the project.
15. A detailed development budget that is dated and signed by the individual producer
applicant.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.