The development cycle received a record-breaking 497 submissions.
The Red Sea Film Festival Foundation has announced the opening of the third cycle of the Red Sea Fund on June 6. Until July 2, 2023, the third cycle is open to films that are ready to go into production.
The third cycle will support projects with directors from Saudi Arabia, Arab World and Africa, launching a new generation of filmmakers and supporting established auteurs as they bring their work from script to screen.
The development cycle, which preceded the production cycle and awards funding to films at the development stage, received a record-breaking 497 submissions.
Speaking about the third cycle, Emad Eskander, Head of the Red Sea Film Fund, said: ”We are truly impressed by the exceptional talent that aspiring and world-renowned filmmakers brought to the table in our second edition. It’s clear that the bar has been set high, but we have no doubt that the filmmakers are up for the challenge. Looking ahead to the third edition’s production cycle, we are confident that filmmakers will continue to push the boundaries of creativity and innovation. So, our message to all aspiring and established filmmakers is to not be intimidated by the competition, but rather to embrace it with enthusiasm and passion. Bring your best ideas and let’s make this next cycle the most extraordinary one yet!”
Red Sea Fund has achieved remarkable success in the film industry by funding several exceptional films that have premiered at prestigious film festivals around the world. Two of the films that the fund supported premiered at the Berlin Film Festival and both won awards. Additionally, the foundation has funded eight films that premiered at the Cannes Film Festival, one of which was the opening film, and five of them won awards.
