❮
❯
TRENDING
March 7, 2024
Philippines International Co-productions Fund
The Film Development Council of the Philippines (FDCP) has announced a raft of grants for both local productions and international co-productions under its various funding programmes for 2024. By K Dass.
Philippines
- The Film
Development Council of the Philippines (FDCP) has recently unveiled a series of
grants aimed at supporting both local productions and international
co-productions through various funding programs.
International
Co-production Fund (ICOF) and ASEAN Co-production Fund (ACOF) recipients will
receive a total of PHP 26 million in grants. These funds aim to foster
collaboration between filmmakers across borders, encouraging joint projects
that enrich the global cinematic landscape.
The Film Location Incentive
Program (FLIP) grantees are eligible for a 20% cash rebate, capped at PHP 10
million, on their eligible expenses incurred within the Philippines. This
program aims to attract filmmakers to choose the Philippines as their shooting
location, thereby boosting the local film industry and generating economic.
Two projects
have been awarded grants under the FDCP’s International Co-production Fund
(ICOF) – James Robinson’s First Light, a co-production between the
Philippines and Australia, and Jerrold Tarog’s US-Philippines co-production The
Sacrifice.
FDCP’s Film
Location Incentive Program (FLIP) has awarded one project – Survivor Quebec
Season 2, which Philippines Film Studios is producing with Canada’s
Production Suprenantes. Announcing the grants on Facebook, FDCP said FLIP and
ICOF are designed to promote the Philippines as a highly viable filming
destination for international productions.
However, no
ASEAN co-productions have been awarded grants in this funding cycle. FDCP
announced last year that it was combining its ICOF and Asean Co-production Fund
(ACOF) into a single ICOF fund.
These grants represent a
significant step toward nurturing creativity, fostering cross-cultural
collaborations, and enhancing the vibrant film ecosystem in the Philippines.
Filmmakers, both local and international, can now explore exciting
possibilities and bring their cinematic visions to life with the support of
these incentives.
