Released on Feb 22 by Revolver Entertainment, the film documents the band U2's 2006 Buenos Aires concert in the Vertigo tour.
The film is one of many titles to be backed by the fund, which seeks to support the release of specialized films and help increase viewing choices for UK audiences.
Revolver Entertainment receives £150,000 ($291,000) for U2 3D, enabling the film's release to widen from 30 to 62 screens. An additional 80 35mm trailer prints will be released.
In addition, as part of its strategy to increase opportunities for the British film industry to learn more about technological advances in film, the UK Film Council is also hosting special industry screenings of the film on Feb 22 with a masterclass from the film's producers and director on the film's creative and practical journey from pre-production to screen.
Pathe Distribution received £150,000 ($291,000) for Julian Schnabel's The Diving Bell And The Butterfly. The award allowed the release to double from 20 to 40 cinemas and fund a national television advertising campaign which raised awareness of the film, released on Feb 8.
Artificial Eye received £4,662 ($9,000) for Fatih Akin's The Edge of Heaven. In a bid to look for new ways of reaching arthouse audiences, Artificial Eye is launching on 10 London screens and the film will simultaneously be offered on Sky pay-per-view on Feb 22. The price to Sky subscribers will be comparable with the cost of a cinema ticket and the film will be available for download on Sky for a limited period only.
Soda Pictures receives £150,000 ($291,000) for Michel Ocelot's Azur & Asmar: The Princes' Quest, released Feb 8. The film's release will now expand from 25 to 50 screens with additional media spend covering the production of a new trailer and a TV advertising spot.
Further awards of £5,000 ($9,700) have been made to each of the following film distributors allowing widened access to the films using the Digital Screen Network:
Axiom Films: Alice In The Cities (1974, dir. Wim Wenders)
Dogwoof Pictures: The Wedding (2004, dir. Wojciech Smarzowski)
Cinefile: Change Of Address (2006, dir. Emmanuel Mouret)
Transmedia International Releasing: Man In The Chair (2007, dir. Michael Schroeder)
Optimum Releasing: Redacted (dir. 2007, Brian de Palma)
Diffusion Pictures: The Boss Of It All (2006, dir. Lars von Trier)
Peccadillo Pictures: Four Minutes (2006, dir. Chris Krause)
Park Circus: The Lady Vanishes (1938, dir. Alfred Hitchcock)
Spier Distribution: Son Of Man (2006, dir. Mark Dornford-May)