Co-Development fund valued at over R1.4 million per year in total, supporting projects that will be developed in SA & Netherlands over a 3-year period
South Africa, Johannesburg: 17 August. The National Film and Video Foundation (NFVF) is pleased to announce the launch of the Thuthuka Co-Development Fund that is valued at over R1.4 million per year in collaboration with the Netherlands Film Fund. In total four projects will be supported each year which will consist of two films from South Africa and the Netherlands respectively.
Following on from a Co-production Treaty that was signed with the Netherlands in December 2015, and subsequent various collaborations, the Thuthuka Co-Development Fund will finance fiction and non-fiction feature films, which will include documentaries and animation. South Africa and the Netherlands will each contribute over R700 000 to the fund, respectively, annually. The co-development fund will be yet another opportunity that will enable the NFVF to deliver on its mandate to promote the South African Film industry locally and internationally.
The NFVF is constantly on the look-out for opportunities that contribute to the growth of the film industry and create an enabling environment for South African producers.
Makhosazana Khanyile, CEO of the NFVF stated, “The word “Thuthuka” means “to develop” and as an agency mandated to create equitable growth for the film industry, partnerships like this are another way in which we remain committed to ensuring we bring life to meaningful collaborations.
The Co-production Treaty between the Netherlands and South Africa is very active with at least one project produced annually since it came into effect in 2016. We hope the fund will signify new beginnings in the growth and development of our film industries and creating culturally specific stories while opening us up to the global markets. It is envisaged that the fund will ensure that creative input is mutually shared between filmmakers from the two countries”.
