Partially a replacement for European funding the U.K. lost access to due to Brexit, the $9.7 million initiative is aimed at boosting Britain's indie film, TV and video games sector internationally.
Financed by the Department for Culture, Media and Sport and administered by the BFI, the fund will target support across film, TV, animation, documentary and video games, and will funnel investment through three key strands: supporting sales and distribution for U.K. films internationally, supporting business strategies driving international growth and supporting international co-productions.
Meanwhile, James Bond producer Barbara Broccoli described how independent film was the"bedrock" behind the immense levels of creativity in U.K. filmmaking, adding that the fund would"help support that creativity and allow audiences all over the world to enjoy it."