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<p>Following a successful Spending Review, the Young Audiences Content Fund will continue
into its third year and receive up to £10.7m for year 3 of the pilot scheme, totalling
up to £44.2m for the three years.</p><p><strong> </strong></p><p>As set out in the
Contestable Fund<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/936736/Contestable_Fund_Policy_Paper__FINAL_V2.pdf"
target="_blank"> scoping paper published in 2018,</a> monitoring and evaluation of
the Fund would inform the annual budget allocation over the course of the pilot. The
2021/22 funding awarded demonstrates a commitment to the value of children’s television
programming in an exceptionally challenging fiscal climate, where some tough decisions
have had to be made. DCMS has engaged continuously with the BFI, who administers the
Fund, throughout the funding determination.</p><p> </p><p>Although assessment of the
funds is ongoing, the <a href="https://www2.bfi.org.uk/sites/bfi.org.uk/files/downloads/bfi-young-audience-content-fund-year-1-evaluation.pdf"
target="_blank">Year One review</a> sets out a number of successes for the fund. As
planned, a detailed evaluation of the scheme, against the criteria set out at launch,
will take place this year before a decision is made on whether to close, continue
or expand the Contestable Fund.</p><p> </p>
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