RM1 million grant launched at MIFFest to support ASEAN filmmakers with equipment, virtual production, and studio access across the region.
KUALA LUMPUR, MALAYSIA, June 12, 2025 /EINPresswire.com/ -- As part of ASEAN On Screen and MIFFest 2025’s commitment to supporting Southeast Asian storytelling, True Colour Media Group (TCM), Oceanus Media Global (OMG) and Iskandar Malaysia Studios (IMS) have announced a joint RM1 million Film Equipment & Virtual Production Grant, aimed at empowering filmmakers across Malaysia, Singapore, and the broader ASEAN region.The grant will provide selected projects with 30–50% coverage of production costs, including:
• Regional Equipment and technical services (via TCM)
• Virtual production support, digital assets, and creative consultation (via OMG)
• Studio facilities and soundstage access (via IMS, strategic studio partner)
In addition, award-winning filmmakers from MIFFest, SGIFF, and other ASEAN festivals may receive bonus production support to help transition from festival recognition to full-fledged film execution.
Discussions are also underway with financial institutions to explore financing mechanisms for the remaining production budgets — completing a true end-to-end ecosystem from concept to completion.
“This isn’t just a grant — it’s an engine for regional co-productions,” said Nick GC Tan, CEO of OMG. “By combining technology, infrastructure, and creative expertise, we’re building a bridge for ASEAN filmmakers to bring their stories to life.”
The ASEAN Ecosystem Grant underscores MIFFest’s evolving role — not only as a celebration of cinema, but as an active enabler of creative industry growth. Additional partners — including financiers, platforms, and content studios — are welcomed to join the ecosystem and expand its regional impact.
Jeslyn Keng
Oceanus Media Global
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