A microbudget refers to a very limited financial plan, often used in the context of film production or small business ventures. Typically, projects with microbudgets operate on a budget of less than $100,000. This approach encourages creativity and resourcefulness, as creators must find innovative ways to achieve their goals without significant funding. In the film industry, microbudget films often rely on a small cast and crew, minimal locations, and efficient production techniques. Notable examples include works by filmmakers like Robert Rodriguez and Kevin Smith, who successfully produced acclaimed films with very little money, demonstrating that compelling storytelling can thrive on a shoestring budget.