Sunday, August 27, 2006

NFDC to invest Rs. 1 crore in feature films


Filmmakers must fund at least 30 per cent of the projectNEW VENTURE: A still from an NFDC film, `Saasanam.'

CHENNAI: The National Film Development Corporation (NFDC) has announced that it would invest Rs.1 crore in co-production of feature films.

Filmmakers or film companies should invest at least 30 per cent of the project cost to be eligible for the NFDC funding.

The NFDC is a central agency that was established to promote the Indian film industry.According to NFDC's regional manager in Chennai D. Ramakrishnan, the Corporation has invited scripts (in English). The scripts, duly registered with the Writers Association and copyrighted, should be accompanied by a letter of commitment for an assured minimum investment of 30 per cent of the project cost. All completed proposals would be sent to a committee of eminent personalities, which would select up to five scripts. The filmmakers would get an opportunity at IFFI 2006 in Goa to interact with potential investors, Indian and foreign, to raise the required funds. Once the required investment is finalised, an agreement will be drawn.

Scripts (in English) along with the form duly filled in and with requisite enclosures should be submitted by September 30.

For further details, contact: 022-24923027 Email: coproductions@nfdcindia.com

source the hindu

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