1.5M for Filmmakers? Cinereach and Sundance Unveil Three-Year Grant Program - indieWIRE
If not inspired by nothing else, Cinereach and the Sundance Institute decide to support small feature projects (both documentary and narrative) in order to discover new talent. The three-year program is a fellowship program that will allow filmmaker fellows access to immense industry resources.
The money is not much, considering the average American film is around $15-40 million. However, one can make a perfectly decent movie for, say, $100,000. You are only limited to your imagination. In the end, the budget is the budget. The importance is receiving more bang for your buck.