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Finance & Funding
10th Jan 2018
Guerrilla Rep Media
When fundraising for anything, the first money is always the hardest. Investors don’t want to be the first in due to the investment seeming untested. So in order for them to feel more secure, you might need to raise some of the money in other places. Here are the 7 most realistic places for filmmakers to go to get first money in.
First money in isn’t meant to be the entirety of your budget. It’s only meant to be about 10%. Having raised 10% of your budget helps investors see that you’re serious, and aren’t going to require them to do all of the funding work themselves. With that in mind, almost every item on this list is not meant to fund your entire movie, but more serve as a jumping off point to help you raise the funds you need to make an awesome film.
1. Donation based Crowdfunding
I know most filmmakers really don’t want to hear about crowdfunding, but it’s still one of the best ways to serve as a proof of concept for a film. It’s also a great way to get first money in. Specifically for this example, I’m talking about donation based crowdfunding. I’m far from an expert in equity crowdfunding, and while there’s potential in the idea, it’s unclear how it should be executed.
That being said, donation based crowdfunding can be an excellent way to get the project rolling, and get further into development.
2. Tax Incentives
Read the full article at Guerrilla Rep Media
filmmaking, filmmaking tips, film financing, film funding