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April 10, 2012
StoryCode Immersions #2
     Project Funding
AGENDA
• Project Funding Overview - 45 Minutes

• Working with Brands / Deep-Dive: 45 Minutes
  Sparrow Hall - http://www.sparrowhall.com/
  Twitter: @sparrowhall

• #storycodeorg
OVERVIEW
• Self Funding

• Crowd Sourced Options

• Investors / VCs

• Markets

• Conferences

• Grants / Labs

• Branded Entertainment
TROUGH OF SORROW




 From Paul Graham’s ‘Trough of Sorrow’ to Infinity and Beyond
SELF FUNDING
• DIY Ethos

• Digital “mindset” - Be open, Accept random info, Be
  supportive

• Keep it lean/reduce scope - prototype and release

• Consider “open-source” approach

• Show your work at Meetups (NY Video, Big Screen/Little
  Screen, StoryCode, other Transmedia Meetups)

• Involve actors / others as Exec. Producers

• Repurpose client work / technology
CROWD SOURCED
• Free Money - Really?

• Hype vs. Return

• Indie Go-Go (4% if goal is met, 9% if it isn’t)
  vs. Kickstarter (All or nothing - 5%)

• Tips:
  •   Build a Team
  •   Brainstorm the Campaign as a Rollout with Different Phases
  •   Make a GREAT Trailer
  •   Reach out to Appropriate Partners to Help Promote for your
      Campaign / Befriend the Tastemakers
  •   Reach Out Often, Regularly, and Best at the Beginning of the Week

• www.sherichandler.com/tag/crowdfunding
INVESTORS / VCs
• Less about Story more about value proposition

• Hone your elevator pitch

• The “Investor Deck”

• Business model is vital - experiments are hard to fund
  this way

• Attractive option if you are developing a new technology
  in your project that can be used for other stories

• Example: “18 Days in Egypt” and GroupStre.am
MARKETS
• Speed dating for creators and funders

• Set realistic expectations

• Pay to play?

• Bring headphones if you plan to play a trailer

• Bring candies or something to set you apart

• Examples:

  • Power to the Pixel - Pixel Market

  • BANFF Co-Production and Co-Venture Business
    Market
CONFERENCES
• Great networking opportunities

• Focus on getting contacts and meetings

• StoryWorld - SF in 2011, LA in 2012

• Ad: Tech - Fall NY / Spring SF

• Digital Hollywood - Fall NY / Spring LA

• Participate in Hackathons - TechCrunch / StoryCode
GRANTS / LABS
• Few and far between here in the US - highly competitive

• Consider co-production with Canadian (Canadian Media
  Fund / Bell Media Fund - more info) or European
  partners

• Tribeca New Media Fund - (Non-Fiction / Social Issues)

• Sundance New Frontiers - (Lab and Festival)

• Creative Capital (grants for “adventurous” artists) -
  creativecapital.org
BRANDED ENTERTAINMENT
• Work with a brand to sponsor your project

• Time consuming to find and close a sponsor

• Target Agencies Embracing Cross-Platform Storytelling

  • Digitas (The Third Act)

  • Ogilvy Entertainment

• Branded Entertainment “Agents”

  • Brand Cinema (http://www.brandcinema.com/)

  • The Opportunity Management Company

  • Traditional Talent Agencies (UTA, CAA)
CONTACT
mike@storycode.org
www.storycode.org
  @storycodeorg

sh@sparrowhall.com
www.sparrowhall.com
   @sparrowhall

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StoryCode Immersion #2 - Project Funding

  • 1. April 10, 2012 StoryCode Immersions #2 Project Funding
  • 2. AGENDA • Project Funding Overview - 45 Minutes • Working with Brands / Deep-Dive: 45 Minutes Sparrow Hall - http://www.sparrowhall.com/ Twitter: @sparrowhall • #storycodeorg
  • 3. OVERVIEW • Self Funding • Crowd Sourced Options • Investors / VCs • Markets • Conferences • Grants / Labs • Branded Entertainment
  • 4. TROUGH OF SORROW From Paul Graham’s ‘Trough of Sorrow’ to Infinity and Beyond
  • 5. SELF FUNDING • DIY Ethos • Digital “mindset” - Be open, Accept random info, Be supportive • Keep it lean/reduce scope - prototype and release • Consider “open-source” approach • Show your work at Meetups (NY Video, Big Screen/Little Screen, StoryCode, other Transmedia Meetups) • Involve actors / others as Exec. Producers • Repurpose client work / technology
  • 6. CROWD SOURCED • Free Money - Really? • Hype vs. Return • Indie Go-Go (4% if goal is met, 9% if it isn’t) vs. Kickstarter (All or nothing - 5%) • Tips: • Build a Team • Brainstorm the Campaign as a Rollout with Different Phases • Make a GREAT Trailer • Reach out to Appropriate Partners to Help Promote for your Campaign / Befriend the Tastemakers • Reach Out Often, Regularly, and Best at the Beginning of the Week • www.sherichandler.com/tag/crowdfunding
  • 7. INVESTORS / VCs • Less about Story more about value proposition • Hone your elevator pitch • The “Investor Deck” • Business model is vital - experiments are hard to fund this way • Attractive option if you are developing a new technology in your project that can be used for other stories • Example: “18 Days in Egypt” and GroupStre.am
  • 8. MARKETS • Speed dating for creators and funders • Set realistic expectations • Pay to play? • Bring headphones if you plan to play a trailer • Bring candies or something to set you apart • Examples: • Power to the Pixel - Pixel Market • BANFF Co-Production and Co-Venture Business Market
  • 9. CONFERENCES • Great networking opportunities • Focus on getting contacts and meetings • StoryWorld - SF in 2011, LA in 2012 • Ad: Tech - Fall NY / Spring SF • Digital Hollywood - Fall NY / Spring LA • Participate in Hackathons - TechCrunch / StoryCode
  • 10. GRANTS / LABS • Few and far between here in the US - highly competitive • Consider co-production with Canadian (Canadian Media Fund / Bell Media Fund - more info) or European partners • Tribeca New Media Fund - (Non-Fiction / Social Issues) • Sundance New Frontiers - (Lab and Festival) • Creative Capital (grants for “adventurous” artists) - creativecapital.org
  • 11. BRANDED ENTERTAINMENT • Work with a brand to sponsor your project • Time consuming to find and close a sponsor • Target Agencies Embracing Cross-Platform Storytelling • Digitas (The Third Act) • Ogilvy Entertainment • Branded Entertainment “Agents” • Brand Cinema (http://www.brandcinema.com/) • The Opportunity Management Company • Traditional Talent Agencies (UTA, CAA)