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FREQUENTLY ASKED QUESTIONS

How do I apply?

Complete the online application form available on the website.
The applications will be available as follows:

  • February 10th to February 24th (Post-production)
  • April 6th to April 20th (Development)
  • June 22nd to July 12th (Production)
  • August 8th to August 25nd (Post-production)

What are the eligibility criteria for a director?

●For Saudi directors, the director must be of Saudi nationality or origin. ●For Arab directors, the director must be of Arab nationality or origin. ●For African directors, the director must strictly be of African nationality.

Can I apply for more than one project?

Yes.

What is a logline?

A logline is a brief summary of a film that states the central conflict of the story, providing both a synopsis of the plot and an emotional "hook" to stimulate interest. It is usually one sentence, approximately 30 words.

What is a synopsis?

A synopsis is a brief description of the key elements of the story without dialogue. The Red Sea Fund requires a synopsis of a maximum of 350 words with spaces.

What is a director’s vision?

The director’s vision provides information about the creative approach of the director and should offer a strong sense of how the film will look.

What is a director’s motivation (video)?

Director’s motivation is a one-minute video of the director explaining his/her vision of the film itself.

What do you mean by biography?

A biography is presented as written text describing the educational background and work experience of the director/producer.

What is the difference between a financial plan and a budget?

●Financial Plan: The document in which you specify how much money you need. It should include the financiers who have already committed; those who have been approached whose response is still pending; and those who have been identified but are yet to be formally approached. You are basically showing where the money comes from and that your sources of income are reliable. ●Budget: The sheet that helps you map out your key expenses and plan for the weeks and months to come. A budget includes all costs relating to the development, production and post-production of a film, for instance, the costs of acquiring the script; payments to talent; and production costs. ●Both documents should be submitted.

What is the chain of titles?

Chain of title is essentially all those documents needed to show that the filmmaker owns his/her film and has secured all the rights necessary to distribute it.

What is a rough cut (post-production)?

A rough cut is the first cut that can be presented to the film editor. In other words, it's like a filmmaker's version of the first working draft of a written document. The document isn't yet ready to be presented, but it is an in-progress version of a product that needs refining. If the language of the film is neither Arabic nor English, English subtitles are required.

Are there any caps/limits to the amount of funding?

The grants are awarded on a case-by-case basis decided by our selection committee.

  • For development projects: Up to USD 25,000
  • Production projects: Up to USD 500,000
  • Post-production projects: Up to USD 100,000

Recoupment? (Only applicable for production phase)

The Red Sea Fund will decide, on a case-by-case basis and given the amount granted, whether or not it is recoupable. The recoupment plan is eligible only after the film has generated revenue after deducting project budget for a period of maximum 5 years and/or capped to maximum support amount. Recoupment will be a percentage of the total revenue compared to the support amount and the total project amount.

Can I apply the same project in different fund stages?

The same project can be submitted to all 3 fund stages. However, a selected project in the development fund can only be submitted to either production or post-production.