Writers’ Group Film Corp., a start-up entertainment production company, said it has executed a definitive agreement for equity financing of up to $10 million from Auctus Private Equity Fund LLC in Boston.

The Lancaster company said it will draw on the funding as needed for its film, television and Internet entertainment projects. It has several properties it is currently trying to market, including a completed short film “The G! True Tinseltown Tale: Dude, Where’s My Car?” and its new television pilot, “Flagged.” It also intends to produce a “Spotlight Series” of significant short films intended to be screened at film festivals.

“With this commitment we hope to address the funding needs of our various upcoming entertainment projects to ensure the future growth of the company,” Chairman Tal L. Kapelner said in a statement this week.

Writers’ Group shares were unchanged at 20 cents Friday on the Over-the-Counter Bulletin Board.