Great Questions.
Bikeshorts.ca should be updated today or definitely within the next week. It will have download-able applications for the grants (Canadian and International) as well as information about setting up film festivals in other cities.
The video resolution is good enough from a 400 dollar still camera like a panasonic DMC-FX37. The biggest challenge then is sound but that can be done separately and improved in the editing process.
Fun films with a narrative will be given priority over films with politics and higher budget equipment.
By all means email me and I can send you the documents.
Dustin
PS You can always borrow a friends' camera...or better yet get them to film you.