The British Film Institute (BFI) today announced that it will grant $44m (£36.6m) in cash awards over three years to support fiction feature films as part of its new National Lottery Filmmaking Fund.
The cash will be available through four distinct funds: The National Lottery Filmmaking Fund, first announced late last year as part of the BFI’s 10-year strategic plan, will also grant $21m (£17.4m) in cash awards to support documentaries, shorts, talent development, and immersive works.
As a whole, the fund will hand out $66m (£54M) across three years. As part of the plans, BFI Network will also relaunch in April 2023 with $9m (£7.8m) in funds to support live-action and animation shorts.
These figures are a 20% drop from the previous funding plan set by the BFI and the Film Fund. The reduction is the result of a significant drop in the pot of lottery money available to the organization.
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