If you’re not considering this way to get money for your film–you should be!
I’ve written before about Kickstarter, a site that makes it easy for writers, producers, musicians, designers and others to raise money in advance via crowdfunding. You describe your proposed project on the site and list what you will give people if they send in varying amount of money. If you’re writing a book, for something like $15 you promise to send them the book, for $20 you send them an autographed copy, for $50 you list them in the acknowledgment, for $100 you give them ten copies of the book to distribute to their friends, etc.
You specify the amount you want to raise and the time within which you want to do it (e.g., 60 days). If you don’t reach your amount, the whole thing is cancelled. If you go over the amount, that’s fine. Lots of projects are looking for $500 to $15,000 or so, but there are also some that are much bigger–or become much bigger. Here is what John McDermott wrote about this recently on wire.Inc.com, a service of Inc. magazine:
Game developer Double Fine broke a record for the fund-raising site yesterday, raising $400,000 injust eight hours, reported TechCrunch.
About $300,000 was intended to go to developing the point-and-click adventure game—a genre that most publishers wouldn’t consider producing—while the remaining $100,000 was to fund a documentary about the game’s production, TechCrunch reports. Double Fine had asked for $15 from supporters in return for access to both the game and film.
Then the donations kept rolling in: Double Fine has so far raised more than $1.4 million from almost 39,000 backers.
Separately, Kickstarter keeps expanding its reputation as a reliable funding source for aspiring filmmakers: 17 films at the Sundance Film Festival received money via Kickstarter, the Kickstarter blog reported. Among them was “Indie Game: The Movie”, a documentary about independent video game producers that has been optioned by HBO for television redistribution and walked away with the World Cinema Documentary Editing Award.
If you have a great idea but need funding, consider Kickstarter or other crowdfunding sites (just search for “crowdfunding”), it may be the solution you’re looking for. If you’re a screenwriter and don’t want to direct, find a director whose work you like, and/or a producer, and suggest you work together to raise the money this way.