Tuesday 17 June 2008: The Australian Film Commission (AFC) is pleased to announce $720,000 in grants and loans to four companies – Hoodlum, Porchlight Films, Matchbox and Essential Media and Entertainment – as part of its initiative to assist the growth and sustainability of Australian screen businesses through the Screen Business Venture Program (SBVP).
“The Screen Business Venture Program is designed as a strategic support mechanism for companies actively exploiting growth opportunities in the current screen business environment,” said the AFC’s Acting Director of Film Development, Lori Flekser. “The grant component of the SBVP recognises past achievements and the loan component acknowledges innovative plans for growth and expansion. The AFC is very proud to be associated with these four experienced and respected Australian production companies through the first round of this exciting new funding program.”