Amount:
$30,000
Type of Program:
Loan
Description:
The Development Packaging Program is designed to assist independent producers create high quality original scripted short form series, by providing the opportunity for intensive creative and business development and packaging. With these tools, projects will be in a better position to attract partners, financing, distribution and move into production.
Comments on Funding:
The IPF and CMF may fund 100% of the project’s eligible expenditures through the Program.70% of the funding approved through the Program will be advanced on signature of the IPF and CMF’s respective Financing Agreements. The final 30% will be issued on receipt and approval of all contracted deliverables and a final cost report.
Loan terms and conditions:
- 1Funding will be in the form of a repayable, non-interest bearing advance.
- 2Each project awarded funding through the Program will repay the advance as follows:
- 3In the event that the Producer does not request production financing from the IPF for the series, in addition to the loan repayment, the IPF will also receive 10% of the Producer’s profit participation in the series, subsidiary rights and subsequent works based on the project developed through the Development Packaging Program.
When It Ends:
Intake opens in February 2022
Deadline:
March 1, 2022
Eligibility:
Applicants must be:
Applications Steps:
Applicants must submit their application online.
Recipients will be selected and notified in April 2022.
Applications will be initially evaluated by a Selection Committee overseen by the IPF with final decisions made by representatives from the IPF and the CMF.
Documentation Needed:
Applicants must provide: