“My Name is Reeva”, a tell-all documentary focusing on the late Reeva Steenkamp, her story and the impact her murder and trial had on her parents, family and close friends has received bids from four private investors. One of the investors, who cannot be named at this stage is a well-known distributor of premium content across the globe.
Uprise.Africa, an equity crowdfunding platform, facilitated the fundraising campaign for the documentary during women’s month in August 2019 with the launch being in conjunction with Reeva’s birthday on 16 August. The campaign was open to only private funders during the launch with the intention of opening to the public at a later stage.
Uprise.Africa is also proud to announce the approval for a Performance Bond from a well-known insurance provider. A Performance Completion Bond is a written contract that guarantees a motion picture will be finished and delivered on schedule and within budget. Guarantees are very popular across the world for various reasons and it’s in some of these reasons that most series and feature films opt for a completion bond.
“Crowdfunding certainly comes as a great alternative way of funding for filmmakers to realise their dreams in a time of economic crisis where mainstream funding solutions are harder to break into,’’ says Tabassum Qadir, Chief Executive Officer of Uprise.Africa
Uprise.Africa will perform due diligence on the proposed offers and avail the best possible options to the producers. Thereafter, the producers have the option to either accept the offer or open the project for crowd investors. Further updates to follow.
