April 26, 2012
By Melody Uy
The Asia Pacific Screen Awards (APSA) and Motion Picture Association (MPA) are adding a further US$100,000 for the MPA APSA Academy Film Fund. The announcement was made at a reception held at the second Beijing International Film Festival (BJIFF) last night. This brings the total investment in these film development projects to US$300,000.
Established in 2010, the fund is intended to stimulate film production in the Asia Pacific region and to encourage dialogue, collaboration and business opportunities for the region’s filmmakers particularly at the developmental phase. Among the 70 countries embraced by APSA, grants totalling US$200,000 have already been awarded to projects from the Islamic Republic of Iran, India, Republic of Korea, and People’s Republic of China, Iraq and Kazakhstan.