Towards a Sustainable UK Film Industry Foreword - BFI - British Film ...
Towards a Sustainable UK Film Industry Foreword - BFI - British Film ...
Towards a Sustainable UK Film Industry Foreword - BFI - British Film ...
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A second series of initiatives, to be announced in early 2001, will include proposals to:<br />
• Establish more favourable conditions to encourage the creation of integrated <strong>British</strong><br />
film companies<br />
• Increase access to venture capital and private equity, to address key structural<br />
problems facing the industry<br />
• Exploit the full potential of new technologies<br />
Expenditure Summary £m US $m* Euro m**<br />
Existing Initiatives<br />
Education (<strong>BFI</strong> grant) 16.00 25.60 26.40<br />
Inward Investment 1.00 1.60 1.65<br />
<strong>Film</strong> Production Franchises 15.00 24.00 24.75<br />
Sub-total 32.00 51.20 52.80<br />
New Initiatives<br />
Development Fund 5.00 8.00 8.25<br />
Premiere Fund 10.00 16.00 16.50<br />
New Cinema Fund 5.00 8.00 8.25<br />
Training Fund 1.00 1.60 1.65<br />
"First Movies" 1.00 1.60 1.65<br />
Export Promotion 0.20 0.32 0.33<br />
Sub-total 22.20 35.52 36.63<br />
TOTAL 54.20 86.72 89.43<br />
* Converted at $1.6/£1<br />
** Converted at Euro 1.65/£1
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