After making my multi-award winning film public, we took a bunch of meetings from production companies who knew we were interested in making a series based on our short. A lot fizzled out, some stuck. We are ready to move forward, equipment and crew and everything secured. We just need money. Which is the usual issue, right? So how do filmmakers get the investor part? Where do you find people who are interested in supporting creatives tell untold stories? Any advice appreciated!
Financing / Crowdfunding : How do filmmakers to find investors? by Torin Ives
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Hi, Torin Ives. Congratulations to you and your team on winning the awards, the meetings, and getting interest in your film!
Here's a blog about different funding options: www.stage32.com/blog/influencers-vs-investors-the-future-of-film-funding...
Stage 32 also has other Financing blogs (www.stage32.com/blog/tags/financing-85).
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Torin Ives Check out the multiple webinars, labs, and blog posts here on Stage 32. There are many. I would suggest this one will be very good from Producer Sara Elizabeth Timmins - https://www.stage32.com/education/products/stage-32-5-part-finance-lab-how-to-find-investors-raise-money-for-your-feature-film
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It really depends on how much you are looking to raise. For lower amounts, target local or same region investors. I've witnessed some very successful fundraising based on old school techniques- creating a physical investor package and hand delivering or mailing to accredited investors that are within your circle (believe it or not, they do exist in your world- think your dentist, that business owner down the street, your uncle's best golf buddy, etc.) For larger amounts $250,000+ you can seek out investors that specialize in film, Signal FX can help you find them. However, you will need a "warm introduction" so find mutual connections on LinkedIn is helpful. Most importantly, have a well-crafted financial plan. You don't need 100% of the budget to come from investors. A well-rounded finance plan is about 50% private equity, if you can do more, cool, but there's other options out there and having those conversations with potential investors is smart so they can see that you've done your homework. Good luck and don't give up!
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How will you make the money back? If you have that part figured out...the rest will fall in place.
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Stephen Folker Great advice! Financiers want to know how much will it cost them and how will they make their money back. (That's what I do, btw) As you insightfully stated, once that's in place the conversation with potential investors becomes real.
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I agree completely with Keely Kemp, Stephen Folker and Jack Binder - a sound investment plan that includes a clear path to an investor's ROI is the key. Investors and folks who rep funding are risk averse by nature so there needs to be a level of comfort, if not assurity, for money to commit. A distribution plan and projections are a huge pary of that. Not every film is a financial success but most every film has to look like one on paper at the start for finance folks to engage.