London-based TV accelerator program Indielab, which provides young production outfits with a boost to their operations, has opened its call for applications for 2021, the program’s sixth year.
The initiative provides 15 early and mid-stage indies with global market insight, investment-readiness analysis and an investor-pitching event, as well as prominent industry speaker events, focused on the dominant issues affecting the industry each year.
This year, the scheme will build on the launch of the Indielab Connect platform – a virtual community platform that took the place of Indielab Accelerator’s live program in 2020 – by hosting a blend of virtual and physical masterclasses and seminars from leading industry experts and consultants.
In 2020, combined with its first-ever virtual program, Indielab helped facilitate first look deals for Afro Mic and Chatterbox, along with investment deals for Yeti and both investment and first-look deals for Proper Content.
As in previous years, Indielab Accelerator’s 2021 cohort will be balanced across scripted and non-scripted producers, male- and female-owned businesses and a minimum of 50% of the cohort will be based in the UK’s nations and regions, in accordance with the program’s mission to help nurture diversity and sustainable production hubs outside of London.
Eligible companies must be 75% independently owned, founded and registered in the UK with up to £6 million (US$8.14 million) in non-scripted turnover, and have at least two broadcast credits within the last three years. The cap on turnover has been lifted to £10 million if a company can demonstrate some scripted production.
Entries for the 2021 program are now open, with a final deadline of March 12. To register, and for more information on Indielab and key dates, please click here.
This year, Screen Scotland returns to the Indielab’s roster of supporters alongside long-time partners Channel 4 via its Indie Growth Fund and Nations and regions content spend; and the BBC through its Small Indie Fund and wider commissioning strategy.
Returning sponsors include Sony Pictures Television who will continue to provide The Sony Indielab Diversity Bursary Scheme; content provider Getty Images; global distributor Banijay Rights; law firm Harbottle & Lewis; accounting and tax consultants Ecovis Wingrave Yeats, and Nyman Libson Paul.
The program was launched in October 2015 by Be Good Films co-founder Victoria Powell (pictured).