The BFI (aka the British Film Insitute) was created in 1933. They began as a private company that was publicly funded by the privy council until 1965. They were restructed in 1948 to aim for a focus on the art of film rather than just creating film itself. They received a royal charter in 1983 which was renewed in 2000 and in the same year, the newly established UK Film Council which took responsibility for providing the BDI’s annual grant in aid. They have produced many films such as The Third Man (critical and commercial success), Brief Encounter (commercial success) and funded I, Daniel Blake (critical success).
The national lottery funds the BFI because of their diverse range of work and creativity. They are funded through lottery ticket sales which has funded more than 670,000 projects. To apply for this funding, you must be a director or producer. They require a use of diversity, a strong impact, talent, risk, UK wide and must be environmentally sustainable. You're expected to apply online with your project synopsis, CV and location. The BFI is extremely important for the survival of the British industry because it focuses on creativity and provides essential services for the preservation of film. In an industry that's shadowed by Hollywood, the British film industry needs small directors for their originality and diversity of films.
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