MEDIA Funding
MEDIA, the support programme of the European Union to strengthen the competitiveness of the European film, TV and new media industries and to increase the international circulation of European audiovisual product, have announced their i2i Audiovisual programme, offering grants of up to €50,000.
I2i Audiovisual
The i2i Audiovisual scheme supports production companies that bear the costs of bank financing and/or associated insurance and completion bonds. It offers a grant to cover up to 50% of the following costs, capped at €50,000 per project:
Module 1 - Insurance Costs
Module 2 - Completion Guarantee Costs
Module 3 - Financial Costs (the interest on a loan)
In order to be eligible companies must present a signed credit agreement, insurance contract or completion guarantee for the project.
Companies can apply for more than one module for the same film, unless it is possible to obtain the maximum of €50,000 under one module. The minimum allocation is €5,000 per project. A company can submit two applications per Call for Proposals.
Deadlines:
10 January 2011 - for projects that have started between 1 June 2010 and 10 January 2011 i.e. the credit agreement with the bank or financial institution has been signed within that period and the first day of principal photography has not taken place before 1 June 2010.
6 June 2011 - for projects that have started between 1 December 2010 and 6 June 2011 i.e. the credit agreement with the bank of financial institution has been signed within that period and the first day of principal photography has not taken place before 1 December 2010.
www.mediadeskuk.eu/funding/_2,20,153/
MEDIA is a European Union support programme for the film, TV and new media industries. MEDIA commenced on 1 January 2007 and will run until 31 December 2013, with a budget of 755 million. MEDIA has a number of funding schemes for the audiovisual industry, most of which are published annually with one or more deadlines.
For further information please go to the MEDIA UK website http://www.mediadeskuk.eu/
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