The BBC has launched its £1m Small Indie Fund for the 2024/25 period, providing a significant opportunity for small production companies.
- The fund specifically targets independent companies with annual turnovers below £10 million, focusing on diverse-led and regionally based firms.
- An expansion of financial investment will be directed at fewer companies, promising mentorship alongside monetary support.
- The previous year saw 57 companies benefit, with a notable emphasis on diversity and regional representation.
- Applications are currently being accepted, with the process closing on 31 December 2024.
The BBC has opened applications for the 2024/25 Small Indie Fund, allocating £1 million annually to support small independent production companies. This initiative targets entities with turnovers less than £10 million, placing a particular emphasis on firms led by diverse teams and those situated in various Nations and English regions. By supporting diverse-led companies, the BBC aims to enhance representation across its commissioned works.
This fund is accessible to companies operating in a range of genres, including factual, entertainment, comedy, children’s programmes, drama, daytime, and film productions. Each application undergoes a thorough assessment process, evaluating the creative potential and alignment with the BBC’s strategic goals. Companies demonstrating strong creative capacities and strategic delivery potential stand to gain from this opportunity.
Successful applicants will receive not only financial support but also mentorship from the BBC, aimed at fostering both business growth and content value enhancement. This year’s approach marks an increased financial commitment to a smaller pool of companies compared to previous years, enhancing the impact of mentorship offered.
Historically, the fund has prioritised diversity and geographic inclusivity. During the 2023/24 cycle, 57 companies were supported, with 44 having leadership teams comprising at least two members from underrepresented groups, and 38 operating from outside London. The previous year, the fund aided 48 companies, over half of which had diverse leadership and 79% were based in the Nations and English regions.
The application process is open, inviting submissions from both scripted and unscripted companies across the UK. Prospective applicants must finalise their entries by 11:59 pm on 31 December 2024. Notably, unscripted independent companies based in Northern Ireland will be supported under a separate scheme known as the Hot House development scheme.
This strategic funding initiative by the BBC showcases its commitment to nurturing diverse and regionally inclusive creative talent across the UK.
