Funding Sources for Cultural Initiatives in ACP Countries

Programa IBERMEDIAMain officeDirección Unidad Técnica de Ibermedia (UTI)Calle Ferraz, nº 10, 1.º izqdaCP: 28008 Madrid (España)Tel: (+34) 91 758 04 60Fax: (+34) 91 541 37 84Email: info@programaibermedia.comWebsitehttp://www.programaibermedia.com/Purpose and program areasThe Iber-American Assistance Fund (IBERMEDIA) supports South American audiovisual projects andthe co-production of Latin American movies.IBERMEDIA works on three axes: The promotion and development of audiovisual projects destined for the market, in particularthe Latin American market;The promotion of financial and technical assistance;The development of the co-production of projects presented by independent Latin Americanproducers, including support of companies in the sector.Eligible countriesThe fund covers 19 Latin American countries, as well as Spain and Portugal : Argentina, Bolovia,Brasil, Colombia, Costa Rica, Cuba, Chile, Ecuador, Spain, Guatemala, Mexico, Panama, Paraguay,Peru, Portugal, Porto Rico, the Dominican Republic, Uruguay and Venezuela.Who can apply?Film producers of commercial feature films (minimum 70 minutes) are eligible, on the condition thatthe films are produced in one of the IBERMEDIA signatory countries, and are destined forbroadcasting in these countries.Grant sizeThe budget allocated to the audiovisual development component can reach $15,000.The amount of the loan concerning feature films and animation projects varies between $80,000 and$150,000.The support given to the training component can reach $50,000.Application procedureEach year, IBERMEDIA sets deadlines for submitting applications. Forms and all required documentsare posted online.The projects must be submitted by the majority co-producer with the written consent of the other.64