Latest news with #RedSeaFundCommittee
Broadcast Pro
2 days ago
- Business
- Broadcast Pro
Red Sea Fund 2025 invites submissions for fourth cycle
The deadline for submissions is August 21, 2024. The Red Sea Fund, an initiative of the Red Sea Film Foundation, has opened applications for its fourth 2025 cycle, inviting filmmakers from Saudi Arabia, the Arab world, Africa and Asia to apply for post-production grants. The deadline for submissions is August 21. This funding round is dedicated to projects that have completed filming and are entering the post-production stage, covering essential processes such as editing, colour grading, sound design, mixing and other technical elements required to finalise a film for festival screenings or distribution. Since its launch in 2021, the Red Sea Fund has backed more than 280 film projects, many of which have gone on to win critical acclaim and prestigious awards at major international festivals. Eligible projects must be feature-length fiction, documentary, or animation films with a minimum runtime of 60 minutes. The director must be of African, Asian or Arab nationality or origin, and applicants must submit a complete rough cut of the film, at least 60 minutes long, via a private online viewing link. Non-English dialogue must be subtitled in English. Applications must also include a range of mandatory materials, such as a logline, synopsis, chain of titles, final script or treatment, full budget breakdown, financial plan, post-production spending plan, project timelines, director/producer biographies, a mood board and a release and distribution strategy. Only complete online applications submitted according to the form's requirements will be reviewed. Applicants will be notified of the Red Sea Fund Committee's decision approximately ten weeks after the closing date. The committee's decision is final and will not be accompanied by feedback. Selected projects will receive an official letter outlining the amount of financial support and next steps. Successful applicants must confirm acceptance within the specified time and sign a post-production funding agreement within four weeks of acceptance.
Broadcast Pro
08-02-2025
- Entertainment
- Broadcast Pro
Red Sea Fund 2025 opens submissions for post-production cycle
The closing date for submissions for the first cycle is February 27, 2025. The Red Sea Film Festival Foundation has launched the fifth edition of the Red Sea Fund for filmmakers from the Arab World and Africa. This fund serves as a crucial support system for a diverse range of projects, aiming to nurture a new generation of filmmakers while also providing backing for established auteurs as they navigate the journey from script to screen. The Red Sea Fund is open to projects in various film formats, including feature-length (60-minutes or more) fiction, documentary, and animation projects. The announced Cycle 1 for the year 2024 is dedicated to film projects in post-production, marking an opportunity for filmmakers to take their works to the next level. Submissions for Cycle 1 are currently open, starting from February 6 and concluding on February 27. Filmmakers are required to provide a complete rough cut of the film as a private online viewing link, with a minimum duration of 60 minutes. Additionally, rough cuts must include subtitles in English for non-English dialogue. To be considered for the Red Sea Fund, applicants must submit a comprehensive set of documents, including a production company profile, registration documents, passport of the authorised signatory and an official document demonstrating the legal authorisation and capacity of the signatory to enter into the Red Sea Fund Agreement for feature and series projects (if selected). The submission package, to be provided in English (except for Saudi projects' scripts, which can be in Arabic), should include a logline, synopsis, film's chain of titles, final script or writer's treatment, project budget breakdown, financial plan, details on how the grant money will be utilised during the post-production stage, project timelines, expected date of completion and a director's/producer's video explaining the current status of the project and edit. Applicants will receive written notification of the Red Sea Fund Committee's decision approximately 10 weeks after the submission deadline. Successful projects will receive letters detailing the amount of financial support and the next steps. The authorised person must respond within a specified timeframe, either accepting or declining the funding. Upon acceptance, applicants of successful projects must enter into a post-production funding agreement (the 'Red Sea Fund Agreement') within a maximum of four weeks. To gain Red Sea Fund approval, proof of financing from other sources must be provided, whether in cash or in kind, that would generate credits or acknowledgement.
