UK CREATIVE FUND BOOSTS TV/FILM CONVERGENCE with BFI

This ISN'T the same as the main BFI (formerly UK Film Council) funding stream that channels government funding and national lottery funds to provide GRANTS (generally non-repayable) to Indie filmmakers to ensure variety of representation and the viability of a UK Indie sector in the face of the big 5, American stranglehold on British cinema and audiences.

It IS a source of funding - but one more comparable with Film4/Channel 4/BBC Films who will pay for rights to screen productions. The BFI backs the fund but DOESN'T provide funds. This is a for-profit investment fund, pitched as an attractive investment opportunity that takes advantage of the government tax incentive of 30% tax relief for film investors that meet criteria of being 'British productions'.

They emphasize how SVOD, subscription video-on-demand, services like Netflix have created a boom in TV/film production markets.

https://creativecontenteis.co.uk/about-the-fund/uk-creative-content-eis-fund/

Colin Firth's own production company is among those that has successfully pitched for TV and film financing (risk capital remember, not a grant):

Colin Firth's film firm moves into TV amid streaming boom

https://www.theguardian.com/tv-and-radio/2020/mar/09/colin-firths-film-firm-moves-into-tv-amid-streaming-boom?CMP=Share_AndroidApp_Gmail