IFP has announced the first cash prizes for the IFP Market.IFP and The Fledgling Fund are presenting $20,000 in new cash awards to documentaryfilmmakers during the 28th annual IFP Market in New York from September17-21.

The two juried awards of $10,000 will go to filmmakers withprojects in the Spotlight on Documentaries section.

The first grant, The Fledgling Fund Award forSocially Conscious Documentaries, willfocus on a project which has yet to complete principal photography. The secondgrant, The Fledgling FundAward for an Emerging Latino Filmmaker, willfocus on a project which has completed principal photography.

"IFP is pleased to provide two new opportunities to advancethe development of documentary projects," says IFP Executive Director MichelleByrd. "Our goal in working with The Fledgling Fund is to establish newopportunities that enable filmmakers to receive tangible financial support thatwill enable them to complete their work."

The Emerging Latino award winnerwill also be invited to participate in the IFP Documentary Rough Cut Lab.

The deadline for submissions to Spotlight on Documentariesis June 5.