fund for LARGE BUDGET production

CreatePHFilms is a funding program administered by the Film Development Council of the Philippines (FDCP) to encourage the production of quality films and the artistic creation of Filipino filmmakers through financial support for project development, production, post-production, and distribution.

The CreatePHFilms Fund for Large Budget Production is a selective equity investment fund of THREE MILLION PESOS (P 3,000,000.00) up to FIVE MILLION PESOS (P 5,000,000.00) for production companies.


Any Filipino production company duly registered as a business in the Philippines and accredited by the FDCP National Registry for Companies: Click Here


  1. Filipino narrative mid (at least 40 to 79 minutes) to feature-length film (at least 80 minutes) (fiction, documentary, or animation)

  2. In English or Filipino only

  3. Planning for a theatrical, VOD and/or festival release within the Philippines.

  4. With an overall budget production budget above Fifteen Million Pesos (P 15,000,000)


  1. Any genre except for pornography.

  2. The project must not contain issues that insult, offend, and/or portray the Philippines in a negative light as well as threaten national security.

  3. The project must not promote violence.

  • The project must have a Filipino Director.

  • The applicant must have all necessary rights to develop, produce, and distribute the film.

  • The project must target a distribution guarantee or deal memorandum for theatrical, VOD, and/or festival release in the Philippines. The project must target domestic audiences.

  • The Project must apply for the first time to the CreatePHFilms Fund for Large Budget Production, but may have applied before to the CreatePHFilms Fund for Scriptwriting and/or Project Development.

  • The applicant must fill in and submit the CreatePHFilms Fund for Large Budget Production - Call for Application Form and all required documents to [email protected] during one of the two application cycles per year.

  • The FDCP will verify all the documents. The FDCP may ask the applicant to provide further supporting documents, should the FDCP decide that the submitted documents contain inadequate details.

  • After confirming the completion of the application, the FDCP will then submit the applicant’s project to the following CreatePHFilms Selection Committee’s consideration./li>

  • The CreatePHFilms Selection Committee will pre-select a number of applicants to be interviewed. Among these pre-selected applicants, the CreatePHFilms Selection Committee will then choose whose project will be granted the CPHFilms Large Budget Production Fund.

  • The applicant will then be informed of the result of the selection. He/she will receive either a rejection letter with arguments or an approval with the fund amount.

  • If approved, an e-meeting will be held with the FDCP to discuss the project and sign the Memorandum of Agreement. The applicant will receive the first sixty percent (60%) down payment of the fund within sixty (60) days after signing of the Memorandum of Agreement.

  • The applicant must send a Progress Development Report within six (6) to eight (8) months after the notification of selection of the project.

  • The applicant must submit the complete requirements for the Final Report within a year after the notification of selection of the project. Should there be a delay in the production timeline, the applicant must notify the FDCP and give a clear and reasonable explanation for the delay.


2021 Application Period

  • Cycle 1: April 6, 2021 to May 31, 2021, 6:00PM

  • Cycle 2: December 2021


The project will be evaluated on the following:

  1. Degree to which the work promotes the Philippine culture and its territory;

  2. Degree to which the production contributes to the Philippine film industry economic

  3. development;

  4. The financial strength and stability of the Project;

  5. Degree to which the project encourages diversity and inclusion;

  6. The distribution potential through festival, theatrical release, and platform in order to reach

  7. domestic audiences; and

  8. The quality of the team and talent: script, producer and production company, scriptwriter, and

  9. director attached to the project.

In due process and if necessitates, FDCP will seek the advice of one or more independent film production consultants on a strictly commercial-in-confidence basis to provide an independent assessment on the expenditures and budget of the project.

The decision of the Committee is final and irrevocable. The FDCP is not obliged to give any further explanation for the results.