Gotham-based production and distribution company Cactus Three has formed a fund to provide finishing costs for documentaries and indie films.
Coin is expected to be steered toward five to seven projects, generally in post-production, per year. Each pic will receive up to $100,000.
Fund is a collaboration between C3 co-founders Caroline Stevens and Krysanne Katsoolis and Liquid Prods.’ John Margetis. Fund will target smaller films in need of completion-cost capitalization ahead of submissions to the fest circuit.
Projects will selected from a pool of applicants, with films supported by the C3 coin potentially screening as early as the 2011 edition of Sundance.
Recent projects for C3 have included docs “Which Way Home,” “Cat Dancers” and “Once in a Lifetime.” Company was a production consultant on “The Cove.”