Three factual production companies are to receive funding through Screen Australia’s Enterprise Program.
For the fourth round of the program and the first round of the Feature Enterprise Program, the government film agency awarded AUD $2.7 million (US$2.8 million) in financing to companies and feature film producers for the development and expansion of their businesses and feature projects, respectively.
The Enterprise recipients include integrated media producer Bearcage, which recently announced a coproduction with China’s CCTV9 Channel on the six-part doc series The Story of Australia; lifestyle, factual and reality producer WTFN Holdings, which intends to expand into distribution through newly formed company Fred Media; factual format developer and producer Joined Up Films; and comedy and branded entertainment producer Jungleboys.
Screen Australia selected the companies on the strength of their strategies for diversification, marketing, expansion into international markets, and developing talent.
“The successful business proposals demonstrate clear plans for expansion that are focused on attracting independent production finance and achieving sustainability,” Screen Australia’s chief executive Ruth Harley said in a statement. “All of the companies have strong international alliances – three with strategies for expansion in Asia – with all intending to support their growth plans by matching Enterprise Program funds from their own or private sources.”
Bearcage managing director Michael Tear (pictured above) added: “Enterprise funding will enable the company to intensify development and marketing activities and appoint staff with specialized language and business skills in its implementation of a Pan-Asian strategy.”
In total, 21 companies have received Enterprise funding since the program began in 2009.
Screen Australia also named the four recipients for the inaugural round of its Feature Enterprise Program, which supports new feature producers with a two-year working capital grant for the creation of an Australian feature project. The grantees are feature and doc producer Nicole O’Donohue, Sleeping Beauty producer Jessica Brentnall, Aquarius Films’ Angie Fielder, and Ned Kelly and Red Dog producer Nelson Woss.