Kickstarter, the startup that helps projects find funding through crowd sourcing, has hooked up with the Sundance Institute to help fund independent film projects.
Many indie films have already gotten financial backing on Kickstarter, including at least five that were shown at this year’s Sundance Film Festival. The company also maintained a presence at the festival, with co-founder Yancey Strickler holding a series of filmmaker workshops.
Starting next month, Sundance will be picking plays, documentaries, feature films, shorts, and other projects from affiliated artists, and using Kickstarter to gather official backing from alumni and other film fans. The projects will also be featured on Sundance.org.
“Expect the first projects from this collaboration in the coming weeks. We’re looking forward to them,” wrote Strickler on the company blog.
Kickstarter has been on a roll since launching in 2009. More and more ambitious projects are pulling in respectable levels of funding. For example, back in December a project to make an iPod Nano watch raised nearly $1 million.
Kickstarter takes a 5% cut of all funds raised, has been used to fund everything from films and music to hardware projects and video games.