Magazine article Screen International

Finnish Film Foundation to Speed Up Process for Film Funding

Magazine article Screen International

Finnish Film Foundation to Speed Up Process for Film Funding

Article excerpt

New scheme has four features in the works.

The Finnish Film Foundation will introduce a fast lane to public funding for films, which have already been 50% financed, allocating [euro]5 million ($6.9 million) for an experimental 50/50 scheme which has now set four features rolling.

"The aim is to speed up the decision-making process for projects which have half the budget in place, and to encourage producers to find financiers outside the film industry," said head of productions Petri Kemppinen, of the foundation which can chip in up to 50% (maximum [euro]800,000/$1.1 million) of a film's costs.

Evaluating funding, distribution and box office potential, film commissioner Kaisu Isto has awarded [euro]2.3 million ($3.2 million) support for Aleksi Mäkelä's The Hijack That Went South (Kaappari), Taneli Mustonen's Ella and Her Friends (Ella ja kaverit), Timo Koivusalo's The Year of '85 - Rock Your Memories (Vuonna 85) and Lauri Maijala's Diary of a Drunk (Juoppohullun päiväkirja).

Kari Hietelahti will play the ordinary businessman - down-on-his-luck, but always with good intentions - who in 1978 took over the Oulu Helsinki flight in The Hijack That Went South, which Solar Film's Jukka Helle and Markus Selin will produce. …

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