Eurimages, part of the Council of Europe, is a feature film production and distribution fund. It offers financial support to co-productions between CoE member states in the form of repayable loans.
Around 90 per cent of Eurimages funding is awarded to co-productions. Projects must have producers from at least two countries. None of the co-production partners may contribute more than 80 per cent or less than 10 per cent of the production costs. In the case of films budgeted at more than €5m, the maximum contribution for one partner is 90 per cent. Co-productions with non-member states are permitted, but their contribution is not allowed to exceed 30% of the budget.
National or legal persons from one of the Eurimages member states are able to apply to the fund.
Films applying must not have begun principal photography. Projects may not be re-submitted if they have been rejected.
Awards are made by a committee on which each member state has one representative, on the basis of the quality of the proposal and on "whether (they) reflect and promote diverse national components of Europe's cultural identity".
Eurimages loan is repayable from the first Euro of each producer's net receipts (revenues from exploitation of the film minus distribution advances and costs).
Eurimages was set up with twin objectives, which it defines as cultural and economic. Its cultural goal is to "support works which reflect the multiple facets of a European society whose common roots are evidence of a single culture". In parallel, it aims to foster the co-production of films in Europe and their distribution in the cinema, on TV and in other media.
The Eurimages board meets five times a year. Dates and submission deadlines are posted on the organisation's website.
Eurimages awarded €14.9m support to feature film productions in 2005, compared to €19m in 2004 and €19.5m in 2003. Animated movies funded in 2005 include Brendan and the Secret of Kells (awarded €500,000), El Sueno de una Noche de San Juan (€600,000), Nocturna (€580,000) and La Reine Soleil (€580,000).
Eurimages offers support for distribution of European films in countries which are not covered by the MEDIA Programme: Bosnia and Herzegovina, Croatia, Romania, Serbia and Montenegro, Switzerland, "the former Yugoslav Republic of Macedonia" and Turkey. Distributors will not be allocated support for films originating in their own state. The Board of Management of Eurimages decides on the amount of support to be awarded. Financial assistance is given towards the distribution costs. Assistance may not exceed 50% of the costs and the maximum contribution from the Fund may not exceed €8,000.
Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Luxembourg, the former Yugoslav Republic of Macedonia. the Netherlands, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, Switzerland and Turkey.
The UK pulled out of Eurimages in 1993.