The BBC has announced a new wave of financial support for small independent production companies, totaling £1 million available for the 2024/25 period.
- This initiative specifically targets companies with an annual turnover of less than £10 million, emphasizing diversity and regional representation.
- Applications are open to a wide range of content genres, including factual, entertainment, and drama.
- Increased financial support is available alongside mentoring to help companies maximize their potential and content value.
- The application deadline is set for December 31, 2024, with past applicants welcome to reapply.
The British Broadcasting Corporation (BBC) has launched its £1 million Small Indie Fund for the 2024/25 period, a significant opportunity for small production companies seeking financial backing and growth support. The fund aims to bolster companies with an annual turnover under £10 million, explicitly focusing on those led by diverse individuals and located in various UK regions. In its ongoing effort to diversify and expand regional production, the BBC is casting a wide net across the industry, supporting genres such as factual programming, comedy, drama, children’s content, and film.
With a strategic focus on enhancing creative potential, the fund offers tailored investments and mentorship opportunities from seasoned professionals within the BBC. This year’s enhanced support decreases the number of eligible companies but increases the level of assistance per company. This selective approach ensures more robust development opportunities and aligns with the BBC’s strategic objectives.
The impact of the fund is evident in previous years. In the 2023/24 funding cycle, 57 small companies received vital support, including 44 led by individuals from underrepresented backgrounds, and 38 based outside London. Notably, projects such as “Dreaming Whilst Black” and “24/7 Pet Hospital” exemplify the fund’s success.
In the previous 2022/23 cycle, funding reached 48 companies, with the majority exhibiting diverse leadership and 79% operating outside the capital. This outreach has notably increased support for production in the North East and Midlands, demonstrating a tangible shift in production dynamics nationwide.
Current applications are open to scripted production entities across the UK and unscripted producers in Scotland, Wales, and England, with an alternative scheme available for Northern Ireland. The BBC encourages ongoing participation from past applicants, reflecting its commitment to sustained development in the independent production sector.
The BBC’s strategic investment in small indie companies continues to foster diversity and regional development within the media industry.
