Support to Co-production Funds
Co-production Funds
The MEDIA Sub-programme shall provide support for activities helping European and international co-production partners to come together and/or providing indirect support for audiovisual works co-produced by international co-production funds based in a country participating in the Programme.
The priorities are therefore to co-finance activities helping European and international co-production partners to meet and/or provide indirect support for audiovisual works co-produced with the objective to
− Support international co-production funds based in a country participating in the MEDIA Sub-programme in order to facilitate the production and the circulation of culturally diverse international co-productions of film projects in the following categories: animation, creative documentary and fiction;
− Open-up access to international co-production funds for productions from all countries participating in the MEDIA Sub-programme and encourage companies to internationally co-produce works with high creative/artistic value and cultural diversity and with wide cross-border exploitation potential, able to reach audiences worldwide.
Expected results:
For the period 2019-2020:
- Strengthening the cooperation between European and international operators
- The support of 5 international co-production funds that support some 35-40 projects
Eligible Applicants
In addition to the criteria mentioned in Part A, the additional criteria shall apply:
Applicant must have a co-production fund that has been legally constituted and active for at least 12 months before the deadline for the submission of the application, having as its main activity the support of international co-productions.
Legally constituted fund means a Fund which is founded by a legal act compliant with the relevant legislation.
Within the meaning of these guidelines, "international co-production" is considered a co-production between a company based in a country participating to the Creative Europe MEDIA programme and a company based in a non-European country.
Eligible Activities
The eligible activities of a co-production fund including the provision of financial support to eligible third parties for eligible projects conforming to the following criteria:
- Production of feature films, animations and documentaries of a minimum length of 60 minutes intended primarily for cinema release.
- Implementation of concrete distribution strategy aiming at the better circulation of the supported works. The film shall be distributed in at least 3 territories out of which at least one country participating in MEDIA Sub-programme and at least one Third country.
Projects supported by funds should comply with the following:
- Projects must be submitted by audiovisual entities established in one of the countries participating in the MEDIA Sub-programme and owned directly or by majority participation, by nationals from such countries.
- Projects must be co-produced with at least one producer from a country which is participating neither in the MEDIA Sub-programme nor member of Eurimages.
- The share of the co-producer(s) coming from countries participating in the MEDIA sub-programme must amount to a minimum of 20%. Under no circumstances the share of the co-producer(s) coming from countries participating in the MEDIA sub-programme can exceed 70%.
- No other eligibility criteria can be proposed by the funds, except when related to the definition of lists of third party countries. The funding of projects cannot in any way be limited to operators of the country in which the coproduction fund is based.
- The maximum amount of funding per project is EUR 60,000 for production,
- The maximum amount of funding per project is EUR 60,000 for distribution.
- The funding agreement offered by the fund can only be concluded with an entity from a country participating in the MEDIA Sub-programme. The funding does not need to be spent in Europe.
In the opening and closing credits of the funded film, as well as in all promotional and advertising material, the Creative Europe MEDIA support is to be named.
The recipient of MEDIA co-production fund funding agrees to give the European Union certain non-commercial rights which will be stipulated in detail in the funding agreement.
Budget
The total budget earmarked for the co-financing of projects is estimated at EUR 2.750.000.
The financial contribution of the Union cannot exceed 80% of the total eligible costs of the action.
The maximum contribution per selected applicants under these guidelines is EUR 700.000.
