Project Development Fund

Amount:

$50,000.00

Type:

Grant

Description:

The Project Development Fund enables B.C.-owned and controlled production companies to build on development commitments secured from broadcasters, distributors and funding agencies.
The fund encourages support for existing and emerging domestic companies and provides financing in the form of non-recoupable advances for feature film script development, dramatic or animated TV projects, or documentaries.

Applications are evaluated on a first come/first served basis, and funding is available until the budget for the program is expended. A non-recoupable advance, matching up to 50% of the eligible triggering agent commitment is available.

Comments on Funding:

The total development funding available to an eligible project for the fiscal year 2024/25 is capped at $10,000, except for television series, which include dramatic, animated, lifestyle or
documentary, which are capped at $20,000.
The total development funding available to each eligible applicant (including affiliated and related companies) may not exceed $50,000 in the fiscal year 2024/25.
The maximum cumulative funding an eligible project can receive throughout its development history is $30,000, except for television series which are capped at $50,000.
Applications must be submitted to Creative BC no later than 30 days after the date that the BC applicant receives the letter of commitment or agreement with the Triggering Agent. Exceptions to the 30 days may be given.

Deadline:

Applications are closed. Stay tuned for future intake announcements

Eligibility:

Applicants must:

1. Be a company incorporated in British Columbia or Canada with its head office in British
Columbia. (Note: Companies extra-provincially registered in B.C. are not eligible.)
2. The majority of the common interest voting shares of the company must be held by B.C.
residents2
3. have primary business in the creation of motion picture audiovisual content.
4. The principals, directors, officers and shareholders of the applicant company are in good standing
(i.e. not in default) with Creative BC;
5. The applicant company may own 10% or less of the shares of a broadcaster and may have 10% or
less of its shares owned by a broadcaster or by a distributor;

Application Steps:

Applicants must apply through the online submission form. A non-refundable $105 fee (includes GST) is due with each submission and payments are preferred by
direct deposit. Please attach a screenshot of the payment to your application. Incomplete applications
will not be processed

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Link Guide:

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 Canada to identify and maximize funding to grow their business.

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