|
The Canada Feature Film Fund’s Production Program is available to Canadian production companies looking to finance their feature film projects in the production and post-production stages. A new Production program This program was modified as part of Telefilm’s initiative to redesign and optimize its programs, following multiple consultations with the industry. You will find below an overview of key changes. Telefilm Canada wants to propel the Canadian audiovisual industry to new levels of success through effective and efficient funding and by actively promoting Canadian content and talent, at home and abroad. Our program redesign initiative is a key step to achieving this goal. Please note that following the recent industry consultations, the guidelines for the English and French markets were combined into one document, while taking into account the particularities of each market. Overview of key changes - Main production programs regrouped into one program (with the exception of Mini-Treaties, Telefilm’s Micro-Budget Production and Theatrical Documentary programs).
- More tailored approach that addresses the needs and strengths of the different types of production companies
- Simplified and clarified program guidelines which state, among other things, that feature films in Aboriginal languages are eligible
- No more application dates for French-language productions
- More streamlined process with faster turnaround for decision-making
- Success score1 and market interest2 integrated into evaluation criteria
- Post-production funding now eligible for consideration
- Mandatory use of eTelefilm for application and submission of all documentation required during the cycle
- A commitment from an eligible Canadian distribution company is only required if the project is budgeted at more than $2.5 million
1A “success score” is attributed to each feature film in a client’s portfolio, measuring its commercial (box office and other sales) and cultural (nominations and awards) success, and is used to establish the quantitative part of the track record of a production company or creative team. 2Market Interest is defined as arms length monies used in the financing of the production of the film from the following entities: - domestic and/or international distributors or sales agents recognized by Telefilm as having a track record in theatrical distribution;
- Canadian and/or international broadcasters providing broadcast license fees;
- recognized lenders providing gap financing; and
- private for-profit financiers.
Transition measures for Performance Envelopes As a transition measure, companies will be considered for a 2013-2014 performance envelope using the same rules, criteria and calculation methods specified in the 2012-2013 CFFF production guidelines (please see below). However, beginning in 2014-2015, Telefilm will change the way that performance envelopes are managed. These changes will be announced during the 2012-2013 fiscal year, and detailed in the CFFF production guidelines for 2014-2015. Those companies that qualify for a 2013-2014 performance envelope must nevertheless meet the funding requirements under these guidelines. |