The Canada Media Fund (CMF) and Film Fund Luxembourg (FFL) have signed an agreement that will see the funding bodies spend $1.8 million over two years to support the codevelopment and coproduction of audiovisual projects.

Both the FFL and the CMF will contribute half of the incentive’s total annual budget of $900,000.

The incentive will support the development of dramatic or animated TV series projects, as well as the coproduction of digital media, virtual reality and augmented reality projects. Eligible TV and digital media projects at the development stage can received up to $100,000, while digital media projects at the production stage can receive up to $500,000.

Contributions from the two countries will be determined on a case-by-case basis. More details about guidelines and submission dates will be announced in the coming weeks.

In a statement announcing the agreement, CMF president and CEO Valerie Creighton highlighted the Oscar-nominated Canada/Ireland/Luxembourg copro The Breadwinner as an example of the successful projects produced by the two countries.

“Through this incentive, we hope to further develop strong partnerships between producers in both countries, enabling them to continue creating superior content that resonates with audiences around the world,” she said.

Projects selected will be chosen by a committee made up of CMF and FFL representatives, as well as an independent expert from a third country selected by both parties.

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