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PictureNL Equity Investment Program
Newfoundland and Labrador Film Development Corporation (PictureNL) · Provincial
In plain language
PictureNL (formerly NLFDC) invests equity — repayable from production revenue — in film and TV productions owned by NL-based production companies. Four application rounds per year. Used in combination with the 30% NL Film & Video Tax Credit as part of a stacked capital plan (the tax credit covers labour; equity covers other hard costs). Not a grant: repayment comes from distribution revenue in defined waterfall position. Application demands a full production package — script, budget, financing plan, distribution letters. Realistic checks $100K–$300K; $500K is the ceiling for flagship features.
Realistic range
$25,000 – $500,000
Avg award
$150,000
Max advertised
$500,000
Cost share
—
Accessibility
3 / 5
Effort
4 / 5
Deadline
Jun 30, 2026
Repayable?
Yes
Who qualifies
Entity types
Incorporated
Sectors
Creative Arts, Media, Arts Culture
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Completion-guarantee documentation, final cost report, audited production financials, revenue reports until PictureNL is repaid, chain-of-title.