Culture Secretary Oliver Dowden, Dean Russell and Oliver Dowden were given a tour of Warner Bros studios
The Department for Digital, Culture, Media and Sport (DCMS) scheme has been developed in partnership with the British Film Institute (BFI).
Independent film companies will be able to benefit from grants for costs including business development and international distribution.
The scheme aims to help independent film companies “compete globally and bringing further recognition to the world-renowned British film industry”, according to a statement from DCMS.
Culture Secretary Oliver Dowden visited Warner Bros Studios in Leavesden, Hertfordshire, on Thursday in support of the launch, where he spoke to senior industry figures including Warner Bros executive vice-president Kevin Trehy.
Huge thanks to staff at Warner Bros Studios for showing me around the sound stages yesterday and giving me a glimpse of some of the exciting productions in progress.— Oliver Dowden (@OliverDowden) April 23, 2021
We'll continue to do all we can to help our film and screen industries thrive as we build back better from covid. pic.twitter.com/Dk74f0En1w
Actor and producer Jude Law welcomed the move.
He said: “There is enormous recognition and respect worldwide for British film and television.
“It’s a prominent breeding ground for great storytelling and creativity, pioneering opportunities internationally.
“This additional investment will assist in sparking new international partnerships for the UK industry, generating more jobs and taking our productions to new global audiences.”