Thenewly-created Polish Film Institute and the two German regional funds haveestablished a Polish-German Co-Development Fund.

The agreement was reached during this year's ConnectingCottbus market forum.

The fund'sannual budget will be $175,000 (Euros 150,000.)

Theinitiative aims to encourage the development of Polish-German scripts that willhelp increase the number of co-productions between Polish producers and thosefrom the regions of MDM and Medienboard Berlin-Brandenburg.

The fundwill be open to producers based in the regions of MDM or MedienboardBerlin-Brandenburg and Poland, with the maximum amount of funding per projectpegged at $35,000 (Euros 30,000), not exceeding 70% of the total development costsof full-length feature films and creative documentaries.