To support Newfoundland and Labrador-based productions, PictureNL will provide production assistance in the form of Equity Investment to eligible producers for the financing of productions. For the purposes of these guidelines, Equity Investment means a financial contribution by PictureNL that shall be repaid from earned revenue resulting from the production.
Financial Participation
The PictureNL Equity Investment Program is available for Newfoundland and Labrador production companies. The program may provide up to 20% towards a production’s financial structure but normally the project’s local spend is a key criterion, among other factors, in determining an investment amount. The schedule of payments will be based on the individual project needs and production schedule.
PictureNL’s investment is recoupable. The Equity Investment Program may be combined with the NL Film and Video Industry Tax Credit program in a production company’s financial structure.
All final decisions for equity investments are made by PictureNL’s Board of Directors.
For further details, please review the Equity Investment Program guidelines available at https://picturenl.ca/equity/, or contact David Shears, Manager of Programs at david@picturenl.ca.
Equity Investment Program
To support Newfoundland and Labrador-based productions, PictureNL will provide production assistance in the form of Equity Investment to eligible producers for the financing of productions. For the purposes of these guidelines, Equity Investment means a financial contribution by PictureNL that shall be repaid from earned revenue resulting from the production.
Financial Participation
The PictureNL Equity Investment Program is available for Newfoundland and Labrador production companies. The program may provide up to 20% towards a production’s financial structure but normally the project’s local spend is a key criterion, among other factors, in determining an investment amount. The schedule of payments will be based on the individual project needs and production schedule.
PictureNL’s investment is recoupable. The Equity Investment Program may be combined with the NL Film and Video Industry Tax Credit program in a production company’s financial structure.
All final decisions for equity investments are made by PictureNL’s Board of Directors.
For further details, please review the Equity Investment Program guidelines available at https://picturenl.ca/equity/, or contact David Shears, Manager of Programs at david@picturenl.ca.