A €1 million
film co-production grant was this week launched . The grant is aimed at turning
scripts into actual productions.Since
the Malta Film Fund's introduction back in 2008, more than 58 projects had
applied for the grants but only six were ever finalised.
The
Malta Film Fund is divided into two separate development and production funds
with a maximum of €30,000 for each film, €10,000 more than the previous
allotment.
The
grant will see some productions given 100 per cent financial support. The
previous fund would only cover a maximum of 50 per cent, with the production
team forking out the other half.
Applications
were just launched for the development funds while the production grant will be
launched in June. At this stage all applications would be processed by the end
of the respective month. Once approved for funding, all projects will be
assigned a mentor from the film commission to assist in development and project
management.
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