The Global Film Initiative's call for entries is now open for its summer 2010 feature film production grants of up to $10,000. GFI helps promote and fund narrative filmmaking from various regions around the world. Applications will be accepted through the 15th of July with decisions announced in September. Completion production grants are offered twice a year to filmmakers whose work exhibits "artistic excellence, authentic self-representation, and accomplished storytelling" and are meant to further the development of local film industries and their audiences. Grants can also be used to subsidize post-production costs such as lab and sound mixing fees and access to state-of-the-art editing suites.
Decisions are made based upon completed screenplays and early film footage, and may also include a pre-sale option for exclusive US distribution. Applicants may submit more than one project for consideration. The specific qualifying countries or regions are: Latin America, the Caribbean, Africa, the Middle East, Asia (excluding Hong Kong, Iran, Japan, Singapore, South Korea and Taiwan), and Oceania (excluding Australia and New Zealand). Grants are not available for documentaries or short films. Here's the link to the application and guidelines.
The Global Film Initiative is a US-based nonprofit organization specializing in the support of independent film from Africa, Asia, Latin America and the Middle East and was founded in 2002 to promote cross-cultural understanding through cinema. They also support a touring film series entitled Global Lens.