Equity Investment Program (EIP) – Development Program

Amount:

No Fixed Amount

Type of Program:

Loan

Description:

The Development Program element provides incorporated Newfoundland and Labrador film and video production companies a loan to support the essential process of development which takes an idea through the stages of research, writing, market analysis and costing.
Development funding is available in two phases for non-series projects as follows: Phase One for conception and development of first draft script and Phase Two for shooting script and production development.

Comments on Funding:

Phase One funding is normally up to a maximum of $15,000, up to 33% of the budget.
Phase Two funding is normally up to a maximum of $20,000, up to 33% of the budget.
A producer may apply for Phase Two development without having received Phase One development.
For series projects, the full $35,000 of funding may be accessed in one stage.

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

The applicant must:

be incorporated Newfoundland and Labrador film and video production companies,
demonstrate that their primary focus is on the development, production and distribution of film and video products,
be at least 51% owned by a resident or residents of Newfoundland and Labrador (a person who has maintained a principal residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application to a funding program).

Application Steps:

submit an application form,

wait for the project to be assessed and to receive a notification of NLFDC decision.

Documentation Needed:

Applicant must submit: