The Colombia Film Fund (FFC) has unveiled a major update to its budget for 2024. At its recent session on June 20, the Colombia Film Promotion Committee (CPFC) approved a significant restructuring in the allocation of funds, with the aim of encouraging diversity in the audiovisual sector.
The FFC has decided to distribute its budget equally, allocating 50% to films and 50% to series and video clips. Thus, both film and audiovisual productions will receive an equal amount of $5,275,198,935. However, the budget available for series and video clips is $1,775,198,935 due to resources already allocated to previous projects.
The maximum consideration per project remains at $3,500 million pesos, thus seeking to ensure broad participation and support for diverse initiatives. The CPFC invites producers to submit their projects to take advantage of these incentives and contribute to the growth of the audiovisual industry in Colombia.
For more information on the application process, interested parties can visit the FFC’s official website or contact the FFC directly by e-mail at info@locationcolombia.com.
