Adelaide Film Festival Investment Fund
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Adelaide Film Festival Investment Fund |
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| Location | Adelaide, South Australia |
| Established | 2003 |
| Founder | Premier Mike Rann |
| Operated by | Adelaide Film Festival |
| Website | adelaidefilmfestival |
The Adelaide Film Festival Investment Fund was established in 2003 by the South Australian Premier, Mike Rann, to boost the local production of films.
When the American festival director Peter Sellars was director of the 2002 Adelaide Festival of Arts, he commissioned five films. Four of those films won awards, including The Tracker, Beneath Clouds and Walking on Water. That success prompted the State Government to provide the Adelaide Film Festival (AFF) with a production investment fund, which the AFF administers. Up to $1,000,000 is made available over a two year period. The Adelaide Film Festival Board selects projects, based on recommendations from the Festival Director, and the slate of pictures produced premieres at the event.
To date, the Investment Fund has invested in seventy-two projects, including features, documentaries, short films and new media projects. These projects have won 70 international and 130 national awards. Adelaide remains one of the few festivals worldwide with an investment fund.
The Adelaide Film Festival aims to support the projects of strong creative teams. It uses creative criteria such as bold and innovative storytelling, and also requires projects to contribute culturally and economically to South Australia. These projects will bring development opportunities, branding opportunities, or partnerships with national and international organisations. They should have potential to raise the profile of South Australia.
In 2011, the Museum of Modern Art in New York City hosted a week-long festival of Adelaide Film Festival Investment Fund films (from 7 to 13 April 2011). The MoMA week was a salute to the Adelaide Film Festival and the Adelaide Film Festival Investment Fund, "a testament to its vision and success in realising some of the most unique, creative, interesting, challenging and entertaining Australian films of the recent past."
The program included Look Both Ways, Ten Canoes, Samson and Delilah, Stunt Love, Boxing Day, Last Ride, My Year Without Sex and Mrs. Carey’s Concert.
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