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AICEP
Agência para o Investimento e Comércio Externo de Portugal

CABEÇALHO

Portugal and Luxembourg created a fund to support the development of feature films and fiction or animation series, with an amount of 200,000 €, announced the Institute of Cinema and Audiovisual (ICA).

Portugal and Luxembourg create fund to support cinema and audiovisual

The creation of this fund, to which applications can be submitted since 12 July, aims to "encourage co-production between producers from both countries", who "share the same vision of European cinematographic and audiovisual creation and diffusion", reads protocol.


This "new cooperation instrument" will have a pilot period between 2021 and 2022, with "possible extension in 2023", with the participation of the ICA and the Film Fund Luxembourg, which participate with 100,000 € each.


Independent producers established in Portugal and Luxembourg can apply to the fund to co-produce a feature film or a fiction or animation series, with "cultural content with the potential to interest the public in both countries".


Each project will receive a maximum of 50,000 €.


"The two countries are linked by particularly intense relations of cooperation and friendship, also by the numerous Portuguese-speaking community or those of Portuguese origin established in Luxembourg for decades," the two institutes underline in the protocol.


The document that creates this Luso-Luxembourg fund was signed by the heads of the two institutes last week during the Cannes Film Festival, in France.


This year's ICA financial support calendar also includes a support program for co-production between Portugal and France, with a total allocation of 300,000 €, which is currently in the application analysis phase.

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