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:

  1. 1
    Funding will be in the form of a repayable, non-interest bearing advance.
  2. 2
    Each project awarded funding through the Program will repay the advance as follows:
  • To the IPF: 50% of IPF’s portion of the advance on the first day of principal photography of the series and the remaining 50% of IPF’s portion of the advance from revenues generated by the production pari passu and pro rata with third party equity investors. However, if the IPF becomes an equity investor in the series, the recoupment terms of the Production Financing Agreement will apply.
  • To the CMF: 100% of CMF’s portion of the advance on the first day of principal photography.
  1. 3
    In 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:

  •  be an independent production company that:
  • is for-profit: (i.e. a taxable Canadian corporation, within the meaning of the Canada Income Tax Act);
  •  is Canadian-controlled as determined for the purposes of sections 26 to 28 of the Investment Canada Act;
  • has its head office based in Canada; and
  • does not meet the definition of In-house or Broadcaster-Affiliated, as set out in s.2.1.1 of the CMF’s Development Program Guidelines.
  • have an attached confirmed Canadian writer. Either the Applicant or writer must have previous credited experience as a producer or writer on scripted episodic or short form content;
  • in cases where the Applicant and writer/creator are the same person, this person must have previous credits as either producer or writer on scripted episodic or short form content;
  • agree to participate at training events with industry experts, which may be organized by the IPF or its industry partners
  • be limited to one (1) application per Applicant per year.

Applications Steps:

1

Applicants must submit their application online.

2

Recipients will be selected and notified in April 2022.

3

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:

  • a completed application form found in the application portal
  • a Creative Pitch for the short form series in a maximum of three (3) pages
  • a one (1) page vision document
  • bios of the producer, writer, creator, story editor and/or development executive including relevant production credits
  • URL links (or other) to previous credited work of either the producer or writer
  • confirmation in writing from a story editor and/or development executive including responsibilities, proposed schedule and fee
  • a packaging phase development budget
  • a packaging phase development schedule (Note: all deliverables must be completed and delivered to IPF and the CMF by September 30, 2020)
  • proof of any other confirmed development packaging financing
  • a document containing information on previous phases of development (if applicable).

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 Ontario 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.

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