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      Lionsgate appoints Adam Fogelson as Vice Chair of Motion Picture Group

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      Red Sea Fund 2024 opens submissions for post-production cycle

      Staff Reporter by Staff Reporter
      February 6, 2024
      in News, Production
      Red Sea Fund 2024 opens submissions for post-production cycle
      ShareTweetPostEmail

      The closing date for submissions for the first cycle is February 21, 2024.

      The Red Sea Film Festival Foundation has launched the fourth edition of the Red Sea Fund for filmmakers from the Arab World and Africa. This fund serves as a crucial support system for a diverse range of projects, aiming to nurture a new generation of filmmakers while also providing backing for established auteurs as they navigate the journey from script to screen.

      The Red Sea Fund is open to projects in various film formats, including fiction, documentary, and animation feature films. The announced Cycle 1 for the year 2024 is dedicated to film projects in post-production, marking a significant opportunity for filmmakers to take their works to the next level.

      Submissions for Cycle 1 are currently open, starting from February 6 and concluding on February 21. Filmmakers are required to provide a complete rough cut of the film as a private online viewing link, with a minimum duration of 60 minutes. Additionally, rough cuts must include subtitles in English for non-English dialogue.

      To be considered for the Red Sea Fund, applicants must submit a comprehensive set of documents, including a production company profile, registration documents, passport of the authorised signatory, and an official document demonstrating the legal authorisation and capacity of the signatory to enter into the Red Sea Fund Agreement for feature and series projects (if selected).

      The submission package, to be provided in English (except for Saudi projects’ scripts, which can be in Arabic), should include a logline, synopsis, film’s chain of titles, final script or writer’s treatment, project budget breakdown, financial plan, details on how the grant money will be utilised during the post-production stage, project timelines, expected date of completion, and a director’s/producer’s video explaining the current status of the project and edit.

      Applicants will receive written notification of the Red Sea Fund Committee’s decision approximately 10 weeks after the submission deadline. Successful projects will receive letters detailing the amount of financial support and the next steps. The authorised person must respond within a specified timeframe, either accepting or declining the funding.

      Upon acceptance, applicants of successful projects must enter into a post-production funding agreement (the “Red Sea Fund Agreement”) within a maximum of four weeks. To gain Red Sea Fund approval, proof of financing from other sources must be provided, whether in cash or in kind, that would generate credits or acknowledgement.

      The Red Sea Fund stands as a vital resource in advancing the cinematic landscape, supporting filmmakers in realising their visions and contributing to the vibrant storytelling traditions of the Arab World and Africa. Filmmakers are encouraged to seize this opportunity and submit their post-production projects for consideration, as the Red Sea Film Festival Foundation continues to champion and uplift the diverse voices of the filmmaking community.

      Tags: African filmmakersArab filmmakersDocumentaryfeature filmsfeaturedpostictionpost productionpost-production cycleRed Sea Film Festival FoundationRed Sea Fund

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