Funding
Media Development Fund |Media Development Fund
The Isle of Man Media Development Fund ('MDF') has been established to make available equity investment to film and television productions shooting on the Isle of Man.
The MDF is run by CinemaNX Limited ('NX') and offers a broad range of film investment including:
- Advances against specific territories
- Discounting of Tax Credits and other 'soft' money
- Provision of contract discounting and 'gap' financing
NX does not have any upper or lower limit on its individual investments and is able to offer from 10% to 100% of a film's budget.
NX decisions are considered on a case by case basis.
To be considered for investment, your project should normally:
- Be able to be filmed wholly or in part on the Isle of Man (at least 50% of all principal photography to take place on the Island)
- Be capable of spending at least the equivalent of 20% of the below the line budget with local service providers
- Be capable of being completion bonded
Enquiries/Applications
It is advised to make enquiries as early as possible. In all cases, emphasis will be placed on the commercial aspect of the project. The sales and distribution aspects of any application will be considered as a vital element in the decision making process.
In order to evaluate a project for investment, NX will require the following initial information:
- A final draft of the screenplay
- A long synopsis or treatment
- Biography of filmography of all key elements including Principal cast, Producer(s), Writer, Director etc
- Proposed finance structure including principal conditions attached to all third party investment
It is essential that all the information above be received together so that a full and accurate evaluation of the project can take place.
This is a rolling scheme, so applications may be made at any time with no deadlines.
All investment decisions are discretionary.
Contact: films@cinemanx.com
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