The NFVF's Funding Principles
Annually, the National Film and Video Foundation receives appeals for funding that greatly exceed actual funds available. Most of the applications received are worthy of assistance. However, with limited finances available only a fraction can be supported. Following input from the industry and based on the NFVF's previous experience, fewer projects will be funded with a much higher level of support.
The following broad principles aid NFVF selection panels in assessing film applications and should be used as a guide in formulating project proposals:
Positive impact on the local film industry.
Clear, careful and detailed planning.
Pursuit of creative, organisational and technical excellence.
Viability.
Sustainability.
Cost effectiveness.
Advancement of people from historically disadvantaged communities.
Record of financial accountability.
Priority is given to:
projects or organisations that are of national importance.
proposals that contain local content.
proposals that have empowerment or training considerations.
projects that are creative and imaginative in approach.
projects that strive towards self-sustenance and have a multiplier effect.
adaptations of historical or social literary works
Applications that have previously received funds from the NFVF or the Department of Arts, Culture, Science and Technology (DACST), will have a greater chance of success if these projects have a favourable track record of completion and delivery.
In the case of projects that have foreign investors, the NFVF will only consider providing financial support if the South African stake is greater than that of the overseas partners'.
In the case of co-productions the percentage participation of the respective parties must be in accordance with the relevant co-production treaty.
All successful applicants will have to sign a separate contract on co-branding, joint marketing and an acknowledgement of source. In the case of scholarships or bursaries, the student is expected to acknowledge the assistance of the NFVF in all theses and publications.
The Foundation will strive to fund projects, organisations or companies that meet the following requirements:
Fulfil their loan or grant requirements.
Submission of accounts or reports for prior funds received from the NFVF or DACST.
Compliance with the Legal Deposit Act.
Compliance with the regulations of the South African Revenue Service.
Disclosure of interests or affiliations with other projects that have submitted applications for funding to the Foundation
The Foundation reserves the right to withhold and/or withdraw funding for good reason at its sole discretion, for the approval of an application or for the continuation of funding.
The Foundation will not fund projects, organisations or companies that require retrospective funding in any category.
