A number of financing deals in the works following micro-budget finance market.
Film London Micro Market (Oct 15-16) closed yesterday after a day of producer and financier meetings. Running alongside the Film London Production Finance Market (PFM), the micro-budget finance market, also included training for the emerging filmmaking talent selected for the event.
Financiers at the market included Metrodome Group, Altitude Film Entertainment, Creativity Capital, Backup Media, Independent Film Sales, Ingenious, Just Temptation Ltd, Tinderbox Film Finance, Eleven Fifty-Five, Soda Pictures, Picturehouse and Vertigo Films.
A statement from the market said a number of financing deals are now in the works.
Claire Binns, programming and acquisitions director at Picturehouse, said: “Film London’s Micro Market gave me a fantastic, curated line-up of low budget feature projects, many of which I will follow up on.”
Producer Carolina Giammetta said she had “back-to-back meetings with financiers” pitching film Cradle Me.
Funded by Creative Skillset’s Film Skills Fund, Micro Market gave 24 filmmaking teams access to a series of meetings with financiers looking to source projects with a budget of €1m ($1.3m) and under.
They also received training in pitching and project packaging and attended Market Place Live ahead of a day of meetings.
Deborah Sathe, Film London’s head of talent development and production, said one project from last year’s inaugural market had been fully funded and there were “others on their way”.
She added of this year’s event: “The buzz at the two-day Market was fantastic and with the financiers impressed with so many of the projects and filmmakers they met, I hope we can reveal more success stories soon.”