Industry News · September 14, 2026
KOFIC and Tokyo programs add co-production funding routes
| Source | What it reported | Date |
|---|---|---|
| Asian Movie Pulse | KOFIC expanded mid-budget support and international co-production funding. | 2026-09-13 |
| Asian Movie Pulse | Tokyo grants can support location scouting and shooting for international releases. | 2026-09-14 |
| Indian Television | TIFFCOM selected 24 projects for the seventh Tokyo Gap-Financing Market. | 2026-09-14 |
What did Asian Movie Pulse report about KOFIC?
Asian Movie Pulse reported September 13 that the Korean Film Council is increasing production funding and international co-production support. Asian Movie Pulse reported that KOFIC's 2026 Mid-Budget Korean Film Production Support Program doubled from KRW 10 billion in 2025 to KRW 20 billion.
Asian Movie Pulse reported that the program targets films with net production budgets between KRW 2 billion and KRW 10 billion, with support capped at the lower of 40 percent of net production costs or KRW 2.5 billion per project. Asian Movie Pulse also reported that KOFIC's KoCo Fund has a KRW 3 billion annual budget and can support six or seven international co-productions.
What did Asian Movie Pulse report about Tokyo support?
Asian Movie Pulse reported September 14 that UNIJAPAN and the Tokyo Film Commission described Tokyo's 2026-2027 International Content Production Support Program Grant. Asian Movie Pulse reported that the grant can cover up to 50 percent of eligible location scouting costs, capped at JPY 1 million, and up to 50 percent of eligible Tokyo shooting costs, capped at JPY 10 million.
Asian Movie Pulse reported that the grant applies to films or TV dramas for international release, excludes short films and animated features, and requires at least five filming days in Tokyo.
What did Indian Television report about TGFM?
Indian Television reported September 14 that TIFFCOM 2026 will host the seventh Tokyo Gap-Financing Market from October 28 to 30 at Tokyo Port City Takeshiba Port Studio. Indian Television reported that TGFM selected 24 projects, requires projects to have secured at least 60 percent of total budget, and requires an Asian element.
Indian Television reported that TGFM gives selected projects one-on-one meetings with industry experts and that the first open pitch event will include 10 projects.
Why does this matter for independent producers?
Asian Movie Pulse and Indian Television reported one producer problem from different angles: grants can reduce exposure, but projects still need partners and a credible remaining budget. FourBoys' independent family-values film and TV production guide covers how audience, budget, and distribution need to match before a project moves forward.