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Oscars 2013: Inocente is first Kickstarter-backed film to win prize

Image: BBC

This article by By Dave Lee at BBC News proves that crowdfunding can create award-winning film.

The true story of a 15-year-old homeless girl has become the first Kickstarter-funded film to win an Oscar.

Inocente was made with the help of $52,527 (£35,000) raised by 294 backers in June last year.

The documentary was awarded with the prize for best documentary short at the ceremony.

Two other crowd-funded films, Kings Point and Buzkashi Boys, were also nominated but came away empty-handed.

Speaking to Mashable, Inocente’s co-director Seth Fine said of crowd-funding: “It really helped galvanise a community.”

“It helped fund a bunch of the film and kept us going through post-production. It’s a great outlet for films, especially for documentaries.”

“Often they are about topics that are shunned by the normal funders because they might be too risky”

Elliot Grove Founder, Raindance Film Festival

The win has been seen as further proof that crowd-funding has established itself as an important revenue stream for independent film-makers looking to abandon traditional routes to the screen.

Other sites such as Indiegogo and Wefund.com also back films.

“Crowd-funding has become a very important part of any film-maker’s finance strategy,” said Elliot Grove, founder of the Raindance Film Festival and British Independent Film Awards.

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About Cate Baum - Co-Founder

Cate is the editor and co-founder of FMR and a British ex-pat living in Spain. Formerly the editor of Penthouse Magazine in London, she now makes documentaries. Her first book, The Bull and The Ban is about the Catalan ban on bullfighting in 2012, exploring the moral issues and interviewing matadors, writers, activists and politicians on the subject. She also contributes to www.selfpublishingreview.com, the sister site to FMR and is married to co-founder Henry Baum.