The British Film Institute has earmarked up to £2.5M ($4M) of Lottery funding for its Vision Awards initiative through 2015. The grants will provide up to £200K over two years to a maximum of 15 production companies for investment in slate development. The project is part of the BFI’s recently launched five-year Film Forever plan to foster growth in the UK film biz and keep momentum going after a strong series of local films. Calling the Awards “crucial” to the future, BFI Film Fund director Ben Roberts said today, “Development is the lifeblood of the UK film industry, but it’s risky and private money to support development is scarce. That’s why the BFI’s role as the UK’s biggest investor in film development is so vital.” Eligible companies must be experienced producers with at least one production credit on a fiction, documentary or animation feature that has been distributed theatrically in the UK and screened internationally in the last five years. More detail is available at http://www.bfi.org.uk/visionawards.