Calling all Canadian production companies. TELUS recently announced the launch of a new fund to help Canadian producers create televisions and digital media content focusing on innovation in the fields of health and wellness. The TELUS Fund will support 10 to 20 projects a year with financing of up to $250,000 per project.
TELUS is specifically looking for experienced companies with a long track record and copyright permissions to help create interactive content by exploiting the multi-screen environment.
“The TELUS Fund finances the creation of exceptional content portraying social and technological innovation in the field of health and wellness,” says an FAQ on the company’s website. “The same technology that has revolutionized every major industry—from banking, airlines and insurance, to automotive and beyond—is also transforming our health outcomes. TELUS is helping to tell their stories of transformation and innovation in health and wellness.”
Applicants can apply for the amount of money they need to make their vision come to life, and will not be expected to reimburse TELUS unless the project turns a profit. The fine print notes that the $250,000 in “Financing will typically be disbursed 75% upon contract and 25% upon delivery. Fund commitment letters will expire 90 days from the date of the commitment.”
The successful candidate will be chosen based on the following criteria: social innovation, technological innovation, project team, distribution strategy, and business plan.
The first application deadline to apply for the TELUS Fund is October 18, 2013 at 5pm. You can find out more about the TELUS Fund on its website.