The Industrial Development Corporation (IDC) and the
National Film and Video Foundation (NFVF) have announced a new initiative
targeting local filmmakers and producers.
Emerging Black Filmmakers Fund (EBFF), which the two
institutions have set up, will provide financial and other support to emerging
black filmmakers. According to IDC, EBFF will strengthen the local film
industry, ensuring that filmmakers and producers create compelling content for
South African consumption.
“We have identified a growing need to support the production
of South African films and documentaries, particularly by black filmmakers and
producers,” says IDC’s head of Media and Motion Pictures, Basil Ford.
EBFF will support filmmakers to create feature films that
are directed and produced by black South Africans.
NFVF chief executive Zama Nkosi says this partnership
addresses one of NFVF’s key objectives of ensuring that the past imbalances in
the film industry are addressed. “Creating this opportunity will benefit our
industry immensely as content is key in elevating our industry, and as we take
the sector to another level of attracting new markets and investments.”
Funding will be limited to six qualifying and viable feature
films per annum over three years. The fund amount per film is R4.5 million for
development and production and R500,000 for marketing.
For more information, contact Mandla Mpangase, IDC Public
Relations Manager, on 011 269 3282 or 082 880 6074 or e-mail: mandlam@idc.co.za
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