Equity Investment Program (EIP)

By mmuise
Description:

The Equity Investment Program (EIP) provides production assistance in the form of Equity Investment to eligible producers for the financing of productions.


Comments on Funding:

Funding is a maximum contribution of 20% of the overall costs of the project. The NLFDC’s investment is recoupable.
Equity investment will normally be subject to the following maximums:
1. $250,000 for dramatic series and for theatrical feature film, television feature length move (MOW),
2. $150,000 for documentary (single or series), children’s, other.

Deadline: January 8, 2024 April 15, 2024 October 7, 2024
Eligibility:

Applicants 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:

Applicants must:

1. submit an application form,

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

Documentation Needed:

Applicants must submit:
1. a completed application form,
2. Certification and Articles of Incorporation,
3. shareholder information,
4. financial statements,
5. a Project synopsis, 6. Project intentions, 7. Shooting schedule, 8. Production staff and area of residence, 9. Treatment, outline, or screenplay, 10. Original literary property, 11. Original literary property agreement, 12. Writing agreement(s), 13. Broadcast license and/or distribution agreement, 14. Marketing and distribution plan,
15. Letters of commitment,
16. Detailed production budget, 17. Final script, 18. Cast and crew listing,
19. Principal performers listing, 20. the Key components of the project,
21. detailed production budget, 22. Recoupment schedule.

Other Things to Note:

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Program Contact: https://nlfdc.ca/equity/
About the author
mmuise