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The Royal Film Commission Jordan | Support to Film-Related Projects through the Cultural & Creative Accelerator

12/07/2020


Support to Film-Related Projects through the Cultural & Creative Accelerator

Amman – 12 July 2020

The Royal Film Commission – Jordan (RFC) and VentureX signed today a Memorandum of Understanding to support, develop and sustain the filmmaking industry. This partnership seeks to place Jordan at the forefront of creativity and innovation. The creative industry is undoubtedly an important driver in our economy, but doesn’t have sufficient support to allow a creative entrepreneurial ecosystem to thrive.

While most accelerators focus on tech companies, the Cultural and and Creative Accelerator is being built from the bottom-up with creative entrepreneurs in mind, who will help artists and creative businesses to overcome the challenges and risks associated with a startup. It has been established by VentureX in partnership with the Jordanian Ministry of Culture.

Film-related projects – ranging from an idea to be developed to an existing project that needs revamping – can submit for support as of July . Selected projects will benefit from a three-phase support: Advisory, Mentorship, Funding and Administrative Support.

The project also aims to create educational programs for Jordanians working or aspiring to work in the film industry, promote film culture throughout Jordan and positioning Jordan as a location for international audio-visual productions.

The Jordanian film industry witnessed a big boom over the last decade, after attracting a number of international award-winning films; a success that could not have been achieved without the proper and efficient film infrastructure.

The Minister of Culture, Dr. Bassem Al-Tuwaisi, stressed that the opportunities that partnerships can generate through the accelerator and that benefit Jordan’s creative and cultural industries play a vital role in the economy by providing an innovative and entrepreneurial ecosystem.

Commenting on this partnership, Mohannad al-Bakri, Managing Director of the RFC said: “Young and creative minds in Jordan have something special to add to the way we create or consume films. We want to capitalize on the unique industry talent pool to empower the filmmaking market, through adopting new ideas and helping them achieve the best potential growth. We strongly believe that this project will be an opportunity for Jordanian talent to offer new services to the industry.”

Yousef M. Hamidaddin, Managing Partner of VentureX, went on to say: “Our partnership with the RFC is about developing a toolbox dedicated to unleash the creative potential of those working in the film industry. We want to connect participants with a supportive network and resources through mentoring and engagement.”

Hamidaddin also underlined the importance of the Ministry of Culture’s assistance in helping the cinema and creative industries, and which reflects the true partnership between the public and private sectors.

Al-Tuwaisi praised the roles of the RFC and VentureX in supporting new ideas and Jordanian talent, as well as giving space to those working in the cultural and artistic fields by providing them with the needed resources and guidance to place Jordan at the forefront of creativity and innovation.

For more information about the Cultural & Creative Accelerator, please visit: https://www.ibda3.com/index.html

Or contact Mira Samman: msamman@theventurex.com 

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About the Royal Film Commission – Jordan: Established in 2003, the RFC is is a public institution, with administrative and financial autonomy, with a mandate to promote for and contribute to the development of an internationally competitive Jordanian audio-visual industry. The RFC organizes filmmaking workshops targeting different levels of filmmakers, and screenings all over Jordan. It provides production services for local and international projects and manages a Film Fund.

About VentureX: VentureX is an inclusive initiative seeking to launch theme-based accelerators across the Middle Eastern and North African region, pushing the boundaries of innovation for the World. VentureX makes it its mission to enable an open lab environment by building accelerators for competitive innovative ideas solving the innovation divide. Attracting and retaining innovators by empowering them through anchoring and managing investment funds from ideation, validation to growth.