Indian Cinema Attraction Fund

What is the Indian Cinema Attraction Fund?

The Indian Cinema Attraction Fund (ICAF) is a grant opportunity to attract screen projects from India to undertake production, or both production and post-production, in Victoria.

Background

The Indian Cinema Attraction Fund aims to bring large-scale film and television projects from India to shoot in Victoria. The grant is seeking projects that will showcase our region to audiences in India and the subcontinent, and provide skills development and job opportunities for our local screen industry, including members Victoria’s Indian community.

Applications are open to Indian production companies or studios that have produced at least ten feature films that have been shown on 1000+ screens in India.

Funding

Successful applicants can receive a grant of up to 25% of the project’s qualifying Victorian expenditure. Projects that demonstrate significant value to Victoria may be eligible to receive more than 25%, at VicScreen’s discretion.

Eligible Projects

To be eligible, projects must:

Be a feature film
Demonstrate a minimum of A$700,000 will be spent in Victoria on approved production elements
Have evidence (with a signed agreement) of confirmed distribution that will release the project theatrically on at least 1,000 screens in India
Be fully financed, where the ICAF grant does not form part of the finance plan
Have a budget that includes, minimum Australia industry award rates for Australian screen industry practitioners involved in the Victorian production work
Engage some screen industry practitioners who are Victorian residents
On a case-by-case basis, VicScreen may consider applications for feature films or fiction series produced for major Indian broadcasters or SVOD providers
Applications must be submitted and approved prior to commencing formal pre-production.

Eligible Applicants

The program is looking for screen projects that will:

Undertake production, or both production and post-production, in Victoria
Showcase Melbourne and Victoria to audiences of Indian Cinema in India
Increase skills development opportunities for Victorian screen industry practitioners with a focus on members of the Indian diasporic communities
Employ Victorians and engage Victorian businesses.

Applicants must

be an
- Indian production company or studio, or
- Australian Special Purpose Vehicle (SPV) owned by an Indian company.
have produced at least 10 feature films, each of which have been exhibited on at least 1,000 screens in India (at least one of which must have been released within the last five years)
have the rights to produce the project and confirm chain of title (project ownership).

Timing

Applications open on an ongoing basis.

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