South Africa - The Industrial Development Corporation (IDC) and the National Film and Video Foundation (NFVF) have announced a new initiative targeting local (black South African) filmmakers and producers.
Emerging Black Filmmakers Fund (EBFF), which the two institutions have set up, will provide financial and other support to emerging black South African filmmakers.
EBFF, according to IDC, 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.
Visit the NFVF website for more information.