The federal agency has rejigged its funding program after receiving strong interest from producers.
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The company is still attempting to renegotiate its film production funding arrangements after several months.
Media Funds Management has announced the first successful independent funding of the Australian Producers Offset for the motion picture Prime Mover.
The producer offset division of the Film Finance Corporation has announced that the application for a final certificate for the offset is now available to download on its website.
In two separate announcements, both the Australian Film Commission and Arena Films producer/director Robert Connolly, have each done their bit to shake up the established landscape for producers.
The final 2007 board meeting for the Film Finance Corporation has approved a record number of 22 projects generating $72.94 million worth of production in film, television drama and documentary.
Industry Funds Management has been confirmed as the major partner for the $50 million film fund currently being set up by the Screen Producers Association of Australia (SPAA) to cashflow the producer offset.
New projects from Emile Sherman, Wayne Blair, Andy Cox, Rosemary Blight, Kristian Moliere and Melanie Coombs are among the recipients of the latest round of development funding from Screen Australia.