Northern Ireland Screen has launched its new Low-Budget Fiction Production (LBFP) scheme.

The fund intends to finance one TV drama or low-budget feature film between June 2008 and March 2009.

Feature film projects must have distribution interest from a sales company, distributor or broadcaster and budgets must be no more than $395,435 (£200,000), of which NIS will invest up to $296,577 (£150,000).

Producers can apply until March 31 and full guidelines are available at