europen funding
...ational support). However, a bank guarantee cannot be the sole means of reaching the financing threshold 3. 2.2. The project must be accompanied by a sales projection by a credible sales agent 4. The producer must provide this projection when submitting his/her application. 2.3. The distribution in at least three countries (in the form of a minimum guarantee, pre-sale to television or worldwide pre-sale) must be justified by means of a contract, deal-memo or a letter of intent. The definitive contracts must be provided for the payment of the second instalment of the support. 3.Additional eligibility criteria for the second scheme: assesses the projects submitted specifically in light of the cultural and economic diversity of European cinema TopOfPageTopOfPage In addition to the eligibility criteria common to the two schemes, the projects submitted for the 2nd scheme must respect the following: 3.1. At least 50% of the financing must be confirmed in each of the co-producing countries. This should be confirmed by formal undertakings or agreements in principle (contracts, deal memos, letters of intent, confirmation of national support). However, a bank guarantee cannot be the sole means of reaching the financing threshold 5. 3.2. The projects should have the benefit, in each of the co-producing countries, of either national support or a pre-sale to television or a financing arrangement verifiable by, and acceptable to, the Executive Secretary. 4.Selection criteria TopOfPageTopOfPage The Executive Secretary will provide the Board of Management with a systematic and detailed analysis of each project. The Board of Management will select the projects according to the cultural objectives of the Fund. In doing so, it will carry out a comparative analysis of the applications submitted wi...