Z365" or "Festival all year round" is the new strategic point of the Festival in which converge investigation, accompaniment and development of new talents (Ikusmira Berriak, Nest); training and cinematic knowledge transfer (Elías Querejeta Zine Eskola, Zinemaldia + Plus, Filmmakers' dialogue); and investigation, disclosure and cinematic thought (Z70 project, Thought and Discussion and Research and publications).
Ignacio Varela, managing director of the Galician Audiovisual Consortium, presented the region’s funding schemes to a delegation of eight U.K. producers, organized by U.K. regional funding body, Screen South.
“Without wanting to hurt anyone’s feelings”, Varela began laconically, “Galicia is the most beautiful country in the World".
Varela’s presentation focused on four existing funding schemes - the Euros4 million ($5.9 million) funding program managed by the Galician Audiovisual Agency, the Raices and Galicia-Brazil coproduction programs and the new venture capital fund, Sempre Cinema.
The Raices co-production fund with Argentina, and Andalucia was launched in 2005. Partners offer Euros 150,000 ($220,500 ) per project for 3 coproductions per year.
After a Galician-Brazilian Audiovisual Encounter in Sao Paulo, the Consortium teamed last September with Brazil’s National Cinema Agency, Ancine, to back two annual Galician-Brazilian coproductions, one majority-led for each country, granting Euros 125,000 ($183,750) per project.
Varela placed special emphasis on brand-new venture capital company, SempreCinema that can invest up to $882,000, ore ven more, in highly commercial films with Galician elements, including English-language productions.
SempreCinema first investment, Jose Luis Cuerda’s Blind Sunflowers, has clocked-up Euros 2.5 million ($3.68 million) in its first three weeks in Spain, a stong performance, and has been shortlisted as Spain’s potential nominee for Best Foreign Film Oscar.
Martin DALE