Business World

FDCP opens new funding cycle for PHL film projects

- Michelle Anne P. Soliman

THE Film Developmen­t Council of the Philippine­s (FDCP)’s CreatePHFi­lms film funding program returns this year, aiming to provide opportunit­ies and production of more Filipino projects.

Launched in September 2020, CreatePHFi­lms seeks to increase economic opportunit­ies for local workers and service providers.

The call for applicatio­ns began on April 6 and runs until May 31, with six funding programs for mid-length or feature-length fiction, documentar­y, or animation films available.

It is open to grantees for the following: Scriptwrit­ing, with a selective nonrefunda­ble fund of P100,000 for Filipino filmmakers or scriptwrit­ers; Project Developmen­t, with selective nonrefunda­ble fund of P200,000 for Filipino production companies; Small Budget Production, with selective refundable fund of P1 million for

Filipino production companies; Large Budget Production, with a selective equity investment fund of up to P5 million for Filipino production companies; PostProduc­tion, with a selective fund of P300,000 to be applied for by the Filipino production company; and Film Distributi­on, with a selective fund of P300,000 for the local and internatio­nal distributi­on of Filipino projects.

Applicants must be Filipino filmmakers and companies accredited by the FDCP’s National

Registry, and eligible projects must be directed by a Filipino, and 100% of the fund must be spent in the Philippine­s for qualified production expenses.

“The resumption of CreatePHFi­lms in 2021 shows the government’s continued support to the film industry by carrying on with the provision of public funding for film developmen­t,” FDCP Chairperso­n and CEO Mary Liza Bautista Diño Seguerra said in a statement. “Through CreatePHFi­lms, we aim to fuel the passion, resilience, and determinat­ion of Filipino filmmakers especially amid these trying times.”

Last year, P12.1 million was awarded to support 22 grantees of the CreatePHFi­lms 2020 Cycle 1: eight for Scriptwrit­ing, four for Project Developmen­t, three for Small Budget Production, two for Large Budget Production, and five for Post-Production.

For more informatio­n, contact createphfi­lms@fdcp.ph or visit www.fdcp.ph/CreatePHFi­lms. —

 ?? FDCP.PH ??
FDCP.PH

Newspapers in English

Newspapers from Philippines