Magazine article Screen International

Jerusalem Sam Spiegel Film Lab and DCR Finance Corp Launch $5M Fund (Exclusive)

Magazine article Screen International

Jerusalem Sam Spiegel Film Lab and DCR Finance Corp Launch $5M Fund (Exclusive)

Article excerpt

Fund launched with DCR Finance Corp.

The Jerusalem Sam Spiegel International Film Lab (JSFL) and US-based DCR Finance Corp have launched a $5m fund for projects over the next five years.

The DCR Fund for Excellence in Films will award three prizes totalling around $500,000 to both pitched and work-in-progress project during the JSFL every July. These will be comprised of 80% investments and 20% grants.

Two prizes will be awarded via an international jury to works in progress and a further prize will be presented to a project in development. The Fund said the amount invested in a project will depend on its budget and it is possible it will invest much more than $500,000 in total each year.

Although $5m has been earmarked for a five-year period, the Fund explained it would top up this amount if it invests $5m before that. …

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