Film Funding is an intense journey and the development stage is probably the most important phase of your independent film. It is the fuel that gives your film energy, focus, and validation. By signing up to our newsletter you can get a free PDF copy of our Development Fund Checklist. Film Funding is strategic and you need the proper items to seal the deal!
Development funds is where you test your film and start building your package. It is meant to setup your film as a company, get visual materials, build your team, package your film, and it increases your film funding goals.
As a rule of thumb you should set aside around 2.5% to 5% of your total projected budget for development funds. Here is a list of what a the development funds should cover.
- Pitch Deck
- Optioning or writing a screenplay
- Producer Script Coverage
- Film Business Plan
- Hiring a Line Producer/UPM to make a film budget, shooting schedule, and breakdown
- LLC Production Setup
- Concept Art, Storyboards, 3D prototypes
- Script Coverage
- Attend Film Markets & Film Festivals
- Hire a casting director
- Micro Social Media Marketing & Promotions
- Proof of Concept
- Merchandise Prototypes
- And much more!
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