Connect with us

Hi, what are you looking for?

Economy

FDCP gives grants to 22 films

THE FILM Development Council of the Philippines (FDCP) announced that it has given P12.1 million worth of grants to 22 films as part of its CreatePHFilms Philippines Cinema funding program that provides funds for development, production, post-production, and distribution.

Of the 22 grantees chosen for the first cycle of the funding program, eight were for scriptwriting, four for script development, three for small budget production, two for large budget production, and five for post production.

“The industry has been clamoring for public funding to support the development of films since 2016. We believe in the importance of public funding, as countries with thriving film industries such as France and South Korea benefit from various government programs and funding. At long last, the Philippines has public funding for film development through CreatePHFilms and now, we have our first batch of grantees,” Mary Liza B. Diño, chairperson and CEO of the FDCP said in a statement.

The domestic funding program was launched in September 2020 as part of the closing celebrations of the Philippine Cinema Centennial celebrations. The first entries were submitted in November and were deliberated on in December.

Eligible applicants must be Filipino filmmakers and companies accredited with the FDCP’s National Registry, while eligible projects must have a Filipino director and 100% of the funds must be spent in the Philippines for qualified expenses.

Among those who selected the projects for funding were Ms. Diño, director and writer Clodualdo del Mundo, Jr., director and Directors’ Guild of the Philippines, Inc. representative Raymond Red, Cinema Evaluation Board Chairperson Christine Dayrit, Solar Pictures, Inc. General Manager Butch Ibañez, cinematographer and Lupon ng Pilipinong Sinematograpo President Mackie Galvez, and Pangasinan 4th District Representative Christopher De Venecia.

The grantees for the scriptwriting fund will receive a non-refundable grant of up to P100,000 and will have at least two FDCP-led sessions of script consultations “with international mentors on concept, creative issues, and developing the screenplay,” according to an FDCP statement. The eight grantees for scriptwriting are: Ang Alamat ng Gumamelang Bukid by Richard Soriano Legaspi, Dead Boy by Jules Dan Katanyag, Magiliw (Gentle: A Carnage by the Land of the Rising Sun) by Bor Ocampo, Mother Maybe by Sonny Calvento, Oyayi by Mitzi Delima, Silk Ties by Wilfredo Manalang, The Fighting Filipinos by Honee Alipio, and Strange Natives by Paolo Herras.

Meanwhile, those chosen for project development will be given a nonrefundable fund of up to P200,000 for the production companies. The four selected projects are: In My Mother’s Skin by Kenneth Lim Dagatan, Ninja From Manila by Miko Livelo, Outerspace Filipino Workers by Keith Sicat, and The Tootle & Tina Show by Danzen Santos Katanyag.

Production grantees for small budget films will receive up to P1 million (refundable) for the production companies. The three films selected as small budget fund recipients are: 12 Weeks by Anna Isabelle Matutina, Blue Room by Ma. Anna L. Asuncion-Dagnalan, and Faramanis by Gutierrez Mangansakan II.

Those chosen for the large budget production fund grant will have P3 million to P5 million given to the production companies as an investment equity fund. The two chosen projects are Bansa by Brillante Mendoza and Kidplay by Khavn.

The FDCP has also given five post-production grants as they seek to “enhance post-production services so that they meet international standards.” The fund gives up to P300,000 to the engaged post-production company of a film production. Those chosen for the fund are Ang Pagbabalik ng Kwago by Martika Ramirez Escobar, Gensan Punch by Brillante Mendoza, Kargo by TM Malones, Mirador by Loy Arcenas, and The Brokers by Daniel R. Palacio.

The council has also introduced a distribution grant of up to P300,000 for the local and overseas distribution of Filipino titles, but no grantees have been announced.

“We are proud of the resiliency of our filmmakers and their perseverance to continue the production of their projects in these challenging times. We hope for the government’s continued support to the industry through funding programs,” Ms. Diño said.

For more information about the fund, contact createphfilms@fdcp.ph or visit www.fdcp.ph/CreatePHFilms.  Zsarlene B. Chua

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

Pag-IBIG Fund has financed 5,411 socialized homes for minimum-wage and low-income members in the first four months of 2022, its top executives said today....

Economy

SRI LANKA’s impending default on $12.6 billion of overseas bonds is flashing a warning sign to investors in other developing nations that surging inflation...

Economy

A WOMAN observes a period calendar tracker app on her mobile phone at her home in Madrid, Spain, May 16. — REUTERS MADRID —...

Economy

WASHINGTON — The US Justice Department on Tuesday sued Steve Wynn, the former CEO of Wynn Resorts, to compel him to register as an...

Economy

WASHINGTON/SEOUL — Despite battling a wave of suspected coronavirus disease 2019 (COVID-19) infections, North Korea appears to be preparing to test an intercontinental ballistic...

Economy

IN MANY PARTS of the world, inflation is climbing quickly, including in the US, where I live and where inflation is now north of...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.