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The Money Map
The Money Map is a list created by the Department for Culture, Media & Sport (DCMS) of funding schemes that might be open to creative businesses in the UK. Public funding
Richest public body - with around £38 million annually from the National Lottery - providing funds for the whole gamut of filmmaking including production, development, training and exhibition. Has three production funds with a £51 million budget over three years: the Premiere Fund (£8 milliion per year available for commercial projects); the New Cinema Fund (£5 million per year for new, innovative filmmaking); and the Development Fund (£4 million, including the 25 Words Or Less fund offering 12 writers £10,000 to develop high-concept, commercial films with international appeal).
Isle of Man Film and Television Fund
Up to 25 per cent of total budget as equity investment in film and TV projects which are filmed wholly or in part on the Isle of Man, spend at least the equivalent of 20 per cent of the below the line budget on local service providers, are otherwise fully funded, have a sales agent and/or distributor attached and have a completion bond in place.
Handles all film business in Scotland, from production and development to distribution of National Lottery money (totalling about £3 million a year), training and locations. Production schemes: Tartan Shorts with BBC Scotland, which funds three 35mm, nine minute shorts annually to a maximum of £65,000; New Found Land with Scottish Media Group (Scottish TV and Grampian TV) and National Lottery funding six 30 minute digital films, each budgeted at £50,000; New Found Films, also with Scottish Media Group, awarding £300,000 each to two films every two years from new Scottish filmmakers. Development funding programmes: Feature Film Production Finance (awards of up £500,000 for films and documentaries for theatrical distribution), Short Film Production Funding (shorts under £25,000); Script Development Funding (up to £25,000 for projects already at first draft or full treatment stage); Project Development Funding (up to £75,000 for second-stage development of features); and Twenty First Films (for low-budget features up to £600,000, awards of up to £300,000 or 75 per cent, whichever is the lesser).
Northern Ireland Film and Television Commission
For 2003-2004 its Lottery Film Funding Programme budget is £700,000 (for development, production and distribution and promotion support). Also the new NI Film Production Fund: £5 million over three years (year one budget: £1.6 million).
Funds five shorts per year (animation, documentary and drama) with budgets of £10,000-£15,000 by new filmmakers.
Distributes National Lottery funding for film in Wales and runs short film schemes, offering up to £36,000 to produce short films of up to 10 minutes long. Studio Film Completion Fund offers grants of £7,500 for short films.
Distributes Regional Investment Funds for England (RIFE) lottery money. Funds projects with a strong connection with East Midlands up to maximum budget of £3.5 million and digital features under £1 million. Development money: up to £13,000; production: up to £225,000 or no more than 25 per cent of production budget.
Amalgamation of London Film and Video Development Agency and London Film Commission. Funding schemes under discusison following merger, so check website for details. Also awards £5,000-£8,000 to seven London boroughs for low-budget films through the London Borough Production Awards; and runs the London Artists Film and Video Awards. This scheme is open to practising artists working in film and video who produce work that is intended for exhibition in galleries, cinemas or specific sites. Awards are intended for fully developed projects with a defined and realisable exhibition and distribution plan. Approximately eight Production and Completion Awards worth a maximum of £20,000 will be made.
Education and Audience Development Fund - This fund is open to London-based organisations. Its purpose is to help develop audiences and a deeper understanding of cinema, introduce young people to a wider range of cinema and increase the choice of cinema available to Londoners.
Backed by the National Lottery and local government funding, Northern Media can award up to £40,000 for projects. There are seven application deadlines in 2004.
Production funding for north-west of England which has £230,000 in 2004. Provides funding for digital shorts, script and audience development.
Has approximately £450,000 from the National Lottery of which a portion supports up to 25 writers per year with £4,500 per project. Also has a UK Film Council supported training fund.
Funding includes Taped Up (six digital documentary or shorts from new filmmakers) with Brighton-based Lighthouse.
Funds short films through the Digital Shorts and First Cut. Can also provide Lottery money for script development and offer loans for development.
Has money from the National Lottery for business development and production.
For 2004, Screen South West is looking to support a range of investment to meet its three main priorities: developing the film, television and digital sectors; developing talent and innovation; developing film and moving image culture and increasing access to it.
Broadcasters
With an annual budget of £9 million, BBC Films makes a minimum of six films per year with budgets generally up to £10 million. A wide variety of films made with a particular link to new talent.
Newly-refocussed film arm of Channel 4 was scaled down in 2002, witrh annual investment cut by two thirds to £9 million. Now under Channel 4's former head of drama Tessa Ross and favouring British talent.
Sale and LeasebackFor more than 20 years, the sale-and-leaseback scheme has proved itself to be the best tax-based initiative for films budgeted above £15 million and provides, in effect, front-end financing. Typically, a producer will sell a film to a so-called partnership, the middlemen between the producer and the investor, and lease it back from them over a number of years. The producer keeps anything between approximately 11 per cent to 14 per cent of the purchase cost, otherwise known as the budget, and is granted a 100 per cent tax write-off for expenditure over three years - or one year if the film is budgeted at under £15 million.
For answers to these and other burning questions, it's worth consulting the Atlantic Film Group website
Public funding for the film and audiovisual sector in Europe
An analysis of this subject has been published by the European Audiovisual Observatory in collaboration with the European Investment Bank. Written by Tim Westcott, it embraces the whole of Europe and includes information on funding in 31 countries. Its definition of public funding encompasses direct funding of film, television or multimedia industries. Included is every aspect of the film and audiovisual industry, ranging from development and production through to distribution and exhibition and promotion. It does not take into account tax schemes such as Section 481 in Ireland. There are some 161 public organisations supporting film and audiovisual in Europe, with support ranging from a few hundred thousand Euros to several hundred million Euros a year. Some 56 of these bodies operate at national level, while almost twice as many - 105 - work at the level of regions, localities or other communities. Organisations operating across national boundaries include European-level bodies such as MEDIA and Eurimages and others like the Nordic Film and TV Fund and Ibermedia. The overall value of public support was an estimated €1.265 billion in 2002, almost the same as the previous year (€1.261 billion).
KORDA is an online database of over 500 European film and television public funding programmes. Users can view all funding programmes by country or search by different criteria to target results more appropriately.
The EU's Media Plus programme provides European independent production companies with financial support for the development of productions across a range of genres.
SOME USEFUL INTERNATIONAL LINKS
Australia
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This site is produced by the Film Department of the British Council. E-mail us. |
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