WHAT IS ACOF ?
To support the production of original regional feature film stories, the FDCP launched the ASEAN co-production fund for Filipino producers who are working with ASEAN co-prducer(s). Thos project can avail of a selective fund of up nto USD 150,000 to conduct part of their production and/or post-production in the Philippines.
Feature films (documentary, animation, live action) with a majority or minority co-production agreement with the Philippines and a director of ASEAN nationality
A company organized and registered as a business in the Philippines which is engaged in a co-production with an ASEAN production company (excluding the Philippines) can apply for the ACOF.
The Philippine production company must be registered with the FDCP National Registry.
List of the ASEAN countries as per March 2020: Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei Darussalam, Vietnam, Lao PDR, Myanmar, Cambodia.
Any genre. Themes that are not pornographic or portraying the Philippines in a negative light.
- Completed ACOF Application Form and supporting documents, and spend at least 50% of the fund in QPPE
- The project must apply for the first time to ACOF
Project development or pre-production (location scouting, casting, pilots), production (studio, on-set shootings, artist/technician/crew fees, equipment rental, accommodations, food) and/or post-production (animation, visual effects, 3D conversion, editing, music and scoring, sound design, editing and mixing, voice-overs, color grading) expenses spent in the Philippines by the applicant producer, with receipts dated from the date of completion of the Provisional Application until the date of completion of the Final Verification
Projects will be evaluated and selected for awarding based on the following criteria:
- Degree to which the work promotes the ASEAN culture and territory
- Degree to which the work contributes to the ASEAN film industry
- Degree to which a Filipino producer participates in the creative production of the work
- The global quality of the project
- The financial strength and stability of the project
- The international distribution potential through festival, theatrical/VOD release and platform in order to reach international audiences
Successful applicants receive a grant of up to PHP 7.3 Million (approx. 150, 000$)
50% of the grant amount will be paid to the Applicant Company within 60 days after the issuance of the Provisional Notification, and the balance of 50% will be paid to the same within 60 days after the issuance of the Final Notification.
January-March, May to July, and September to December
WHAT IS ACOF ?
To support the production of original regional feature film stories, the FDCP launched the ASEAN co-production fund for Filipino producers who are working with ASEAN co-prducer(s). Thos project can avail of a selective fund of up nto USD 150,000 to conduct part of their production and/or post-production in the Philippines.
Feature films (documentary, animation, live action) with a majority or minority co-production agreement with the Philippines and a director of ASEAN nationality
A company organized and registered as a business in the Philippines which is engaged in a co-production with an ASEAN production company (excluding the Philippines) can apply for the ACOF.
The Philippine production company must be registered with the FDCP National Registry.
List of the ASEAN countries as per March 2020: Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei Darussalam, Vietnam, Lao PDR, Myanmar, Cambodia.
Any genre. Themes that are not pornographic or portraying the Philippines in a negative light.
- Completed ACOF Application Form and supporting documents, and spend at least 50% of the fund in QPPE
- The project must apply for the first time to ACOF
Project development or pre-production (location scouting, casting, pilots), production (studio, on-set shootings, artist/technician/crew fees, equipment rental, accommodations, food) and/or post-production (animation, visual effects, 3D conversion, editing, music and scoring, sound design, editing and mixing, voice-overs, color grading) expenses spent in the Philippines by the applicant producer, with receipts dated from the date of completion of the Provisional Application until the date of completion of the Final Verification
Projects will be evaluated and selected for awarding based on the following criteria:
- Degree to which the work promotes the ASEAN culture and territory
- Degree to which the work contributes to the ASEAN film industry
- Degree to which a Filipino producer participates in the creative production of the work
- The global quality of the project
- The financial strength and stability of the project
- The international distribution potential through festival, theatrical/VOD release and platform in order to reach international audiences
Successful applicants receive a grant of up to PHP 7.3 Million (approx. 150, 000$)
50% of the grant amount will be paid to the Applicant Company within 60 days after the issuance of the Provisional Notification, and the balance of 50% will be paid to the same within 60 days after the issuance of the Final Notification.
January-March, May to July, and September to December
ACOF
APPLICATION PROCESS
1
Apply for Provisional Application
4 Months Max
2
Receive Provisional Notification with your fund amount as well as a 50% down payment
6 Months Max
3
Start your production or post-production work in the Philippines
3 Months Max
4
Apply for Final Verification
4 Months Max
5
Receive final approval and get the remaining 50% of your fund
