The UK Film Council has invested US$1,878,401 (£1,171,000) in seven company slate deals with British film production outfits.
The money is the second part of a proposed three year business investment scheme set up by the Film Council's Development Fund, originally announced in July and November 2001, following a review of their first year.
The following companies have received backing to develop film projects: Autonomous (£216,000); Company Films - (£130,000); Ecosse Films (£250,000); Gruber Films(£100,000); Kuhn & Co (£250,000; October Films (£75,000); Recorded Picture Company (£150,000).
A number of other companies originally awarded funding are either still in their first year of investment or are moving into their second year. Their progress is set to be announced later this year.