CMF to Invest in Canada-Colombia Digital Media Projects

The Canada Media Fund (CMF), Proimágenes Colombia and MinTIC (Ministry of Information Technologies and Communications of Colombia) have agreed to establish an incentive for the co-development of projects created for digital platforms by Canadian and Colombian producers.

Projects eligible for funding must involve producers that meet the organizations’ criteria. These can be fiction, documentary and/or animated projects created for digital platforms and meant to encourage knowledge-sharing, technology transfer and commercial potential. The total amount of funding available through the incentive is approximately C$300,000 ($220,330), with each part contributing half of the funds. The total maximum contribution for each project funded through the incentive will be C$75,000 ($55,000). Funding will take the form of a non-repayable contribution.

“Colombia is a Latin American powerhouse when it comes to the development, production and export of audiovisual content,” said Valerie Creighton, the president and CEO of CMF. “This new agreement is well-aligned with the CMF’s objective to establish constructive partnerships with funding agencies in Latin America’s growing markets. We are certain that Canadian producers will benefit enormously by turning their attention to Colombia in the search for co-development or co-production opportunities.”

“With this new call for submissions, we are materializing a strategic alliance between MinTIC and Proimagenes to promote and strengthen audiovisual projects beyond the traditional filmmaking, and with experienced foreign partners like the Canada Media Fund,” said Claudia Triana, the director of Proimagenes Colombia.