The ECAM Discussion board’s Co-Manufacturing Market in Madrid will host on June 12 FINDE, a brand new Financing Impartial Cinema initiative aiming at bringing collectively Spain’s indie movie sector and the ecosystem of personal funding.
Spearheaded by prime Spanish movie faculty and cultural basis ECAM and the Madrid Audiovisual Cluster, the trade day is supposed to “bridge the hole between historically remoted sectors, breaking down limitations and demystifying key ideas about non-public investments in movie”, the companions stated.
Through the intensive day, 100-plus accredited ECAM Discussion board individuals will likely be invited to hands-on coaching on fairness and personal funding in movie, networking classes with traders and displays of worldwide funds. Additionally on this system are round-tables between heavy-weight gamers from the non-public and public sector and chosen indie producers from outfits together with Tornasol, Elastica, BTeam, El Deseo, Beta Fiction, Morena Movies and Avalon.
High worldwide consultants in attendance absorb Rémi Burah, ARTE/Cofinova normal director, Giorgos Karnavas, CEO of main Athens-based manufacturing and gross sales powerhouse Heretic – connected to the upcoming Willem Dafoe-led “The Birthday Get together” co-produced with Spain, the Netherlands and the U.Okay. – and Alexandra Lebret, Axio Capital companion and former head of the European Producers Membership.
Lebret will likely be pitching to Spanish producers the just lately launched €58 million ($66 million) Collectively Fund, billed as first European fairness fund devoted to small and mid-sized indie producers of scripted content material, to which the European Funding Fund, has already dedicated €25 million ($28.5 million).
Commenting on the brand new indie movie financing conferences at ECAM Discussion board, Avalon CEO Stefan Schmitz stated: “I feel it’s a good suggestion to introduce extra non-public cash into the [audiovisual] sector and I’m curious to the see the outcomes on FINDE.”
“We’re delighted to collaborate with the Madrid Audiovisual Cluster to debate and promote new tendencies and financing fashions for our trade, and to assist impartial and rising cinema achieve entry to those new fashions,” stated Alba Wystraëte, head of ECAM.
Teresa Azcona, head of Madrid Audiovisual Cluster, who designed FINDE along with ECAM Discussion board and producer Sophie Erbs, added: “This occasion will permit us to go additional with our technique to enhance the audiovisual sector’s entry to financing, each for corporations and for initiatives. This manner, we are able to strengthen our more and more dynamic ecosystem and contribute to creating Madrid the capital of audiovisual trade financing.”
In accordance with Madrid Audiovisual Cluster – backed by the Metropolis Council and the Neighborhood of Madrid – the audiovisual sector already accounts for round 2.6% of the Spanish capital’s GDP.