Eurimages announces new application regulations
Eurimages, the Council of Europe fund for the co-production, distribution and exhibition of European cinematographic works, has announced new application regulations, which enter into force from January 1, 2011.
According to the new conditions, each co-production support application must have 50% confirmed financing in each of the co-producing countries on the date of application. This will mean that the time taken to examine projects can be reduced from 11 to seven weeks.
To take into account the constraints of the industry, while this eligibility criterion will be strictly applied at the time of the call for projects, there will be a more flexible approach to the requirement for shooting not to take place until after the Board of Management meeting.
Producers will be able to start shooting before the Board’s meeting, provided that they have obtained prior authorization from the Eurimages Secretariat and provided that no more than 50% of the shooting is concerned.
Moreover, producers will now be able to submit projects only once after they have previously been withdrawn. Finally, Eurimages is making the production of a digital answer print obligatory for all the films it supports.
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