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8/21/2020

How to Raise Money for an Indie Film

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Your script is finally perfect. You scouted your locations. You picked your dream cast. You’re finally ready to make a movie! There’s just one problem — a problem that nearly all independent filmmakers face: you need funding. Without a big Hollywood budget, gathering enough money to make your dream a reality can be daunting.  Here are a few ideas to help you raise funds for your indie film.

1. Crowdfunding

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Image by Gerd Altmann from Pixabay
Pitch your idea to the masses. Websites like Indiegogo or Kickstarter offer filmmakers a way to speak directly to their potential audience without requiring a big budget. However, crowdsourcing websites often take a small percentage of the money you raise. 
Here are more options for crowdfunding for your indie film.

2. apply for grants

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Image by Free-Photos from Pixabay
Though the words “grant writing” strikes fear in the hearts of many, it doesn’t have to be difficult. There are plenty of organizations out there willing to fund independent films. All you have to do is ask (well, write a grant). Be sure to look for funds offered in your market, however niche.

3. Get a job to fund your film

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Image by Werner Heiber from Pixabay
You may not be rich, but it could be worthwhile to get a day job in order to fund your hobby, especially if you’re working on a low budget film. This way, you won’t have any investors hounding you for profit (which you might not even make).

4. Get Creative

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Image by Markus Winkler from Pixabay
Throw a party at your house with a $5 cover charge. Have a barbeque contest fundraiser. Use freelancing sites to hone your craft for cash. Don’t be afraid to think outside the box.

Although attempting to raise thousands of dollars for an indie film can be difficult, it can be done.
Be aware of the risk that you will be taking on. Fundraising takes time and effort, so don’t be discouraged if you need to push your film back due to lack of funds.

By Julienne Graebner │ August 21, 2020

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