According to Variety, the New York City Mayor's Office and the Mayor's Office of Media and Entertainment (MOME) have finalized the details of the grant program created to fund film and theater projects by, for, or about women.
The Women's Fund, which is $5 million, is one of many initiatives put in place to create gender equality in the entertainment industry.
The MOME Women's Fund will give out grants of up to $50,000 to fund female-led projects with at least 75% of production activity occurring in New York City.
"As we fight discrimination, we must ensure women are in front of and behind the cameras," said Alicia Glen, deputy mayor for housing and economic development. "More than that, we intend to harness the power and talented of New York women to start businesses, grow jobs and industries - including the media industry."
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