Low Budget Production Program
PictureNL’s, Low Budget Production Program is available for eligible screen industry companies which are majority owned by a resident of Newfoundland and Labrador. Projects with production budgets up to a maximum of $150,000 are eligible to avail of this program. PictureNL can invest up to 33% towards an eligible project’s production financing.
Offered by PictureNL
Amount
Up to 33% towards an eligible project’s production financing
Quick eligibility check
Who can apply
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, and
- At least 51% owned by a resident of Newfoundland and Labrador as
described for individuals.
a. For the purposes of these guidelines, a Newfoundland and Labrador Resident is
a person who has maintained a principle residence in Newfoundland and Labrador for at least 12 consecutive months immediately prior to the date of application
About the funding
Projects with production budgets up to a maximum of $150,000 are eligible to avail of this program. PictureNL can invest up to 33% towards an eligible project’s production financing.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Equity Investment Program | Investment | Up to 20% towards a production's financial structure (recoupable investment | Open |
| National Creation Fund | Investment | Up to $2,000,000 a year in 9 to 11 projects | Open |
| BDC Growth & Transition Capital: Working Capital | Loan, Investment | Financing from $250,000 to $35M, repayable over 2 to 8 years | Open |
| Theatrical Documentary Program | Grant, Investment | Production Stage, Canadian budget less than $500,000: the lesser of 49% of eligible Canadian production costs or $175,000 | Closed between intakes |
