Hats off to Bill De Blasio, whose department just launched a beneficial new opportunity for the city’s art scene. It’s called the Women’s Fund, a new gender diversity cash grant program spearheaded by New York City’s Mayor’s Office and the Mayor’s Office Of Media and Entertainment. The initiative will be given $5 million to hand out up to $50,000 grants to “female-led projects” for or about women.
As far as the grant, there’s only one stipulation. Variety notes that “75 percent of production activity” has to be within the five boroughs of New York City. Along with the cash, the Women’s Fund provides opportunities for women fine-tune their film pitches in workshops, a chance to connect with possible financiers of their projects at a film financing conference, a screenwriting contest for screenwriters to compete to bring their script to life in a six-episode series on NYC’s channel 25 and a new block of television programming dedicated to women, reports Deadline.
“Women are not a niche market,” Julie Menin, MOME Commissioner, said in a press release. “It’s incredibly discouraging that while women comprise 52 percent of the city’s population, less than 10 percent of the top grossing films are directed by women. I hope that our efforts pave the way for others to follow suit, and look forward to seeing these initiatives make a substantive impact on filmed entertainment in New York City.”
Submission dates for the competition and grant are unknown, but to stay updated, check out the press release here.