The first question to fall off of every film student or self taught filmmakers lips when they reach the point of no return and decide to actually try to make a film is, how the hell am I going to pay for this? Over the years I’ve done a lot of research on this subject, I’ve been through the ringer with production companies, and now I’m going to do my best to breakdown what I think are the best ways to finance your DIY film. I’m also going to list a few helpful websites, resources, and books that can help new filmmakers find coin for their project.
I want to start off by saying that every filmmaker has to forge their own path and there is no ultimate solution to financing your film, nor is there an easy way (unless of course you happen to win the lottery). Basically the information below is just that, a list of different paths that filmmakers can take into consideration.
Grants and Foundations: These are forms of funding that filmmakers usually don’t have to pay back. That’s right, money to make your film that in most cases doesn’t have to be paid back. There is one undeniable truth that makes this the wrong form of financing for certain filmmakers, and that is that these monies are usually not available to traditional narrative filmmakers. So all you filmmakers out there gearing up to introduce the world to the next slasher killer probably want to bypass this kind of financing. But those of you making documentaries, experimental films, regional films, or educational films have a better chance with this financing track.
Most grants come from government sources such as the NEA and state art commissions, while foundations grants are extremely specific. In other words if a filmmaker is making a documentary on French Acadian grave houses, then finding a foundation that is dedicated to historical preservation would be the best place to look for funding. Almost every subject you can think of has some sort of foundation who’s job is to give money to parties that can help their cause. And the same can be said for government grants, there are plenty of sources out there, but filmmakers have to do the research, make phone calls, suit up and convince these sources that it is beneficial for them to give you their money.
For filmmakers that don’t like to write or don’t want to go through the trouble putting together grant applications and begging foundations for their money there are plenty of people available to do it for you, but this is about