twofour54 ibtikar Offers Funding to Young Creative Arabs

ABU DHABI: twofour54 ibtikar: creative lab has been set up to provide grant funding for projects across all platforms from young Arabs in the media and entertainment sector.

twofour54 ibtikar, the media industry funding and support pillar of twofour54 Abu Dhabi, launched the new lab to help support creative Arab individuals from the UAE and across the Middle East and North Africa (MENA) region. It offers funds ranging from $1,000 to $50,000 for ideas demonstrating exceptional creativity and originality across all media platforms, including TV, radio, film, publishing, online, mobile, music, gaming and animation. twofour54 ibtikar: creative lab and young Arab funding recipients will engage in regular brainstorming sessions to develop ideas into fully fledged creative projects. A key part of this collaborative process will include budget creation and training in project execution and support throughout.

Tony Orsten, the CEO of twofour54, said: “twofour54 ibtikar: creative lab will be the cornerstone for a sustainable Arabic media industry within the region. It is a very important part of the ecosystem we are putting together and will play a vital role in twofour54’s long-term success.” He continued: “We are very excited at the prospect of working with the wealth of creative talent here, not just providing capital but building a career pathway in the media and entertainment industry.”