The Flemish Audiovisual Fund (VAF) joins the Fund for Co-financing of Interactive and Innovative Experiments (FIVE), a collaboration of regional funds to provide support for innovative and interactive projects. A maximum of five projects will be able to count on co-financing on the Flemish side. The fund provides support to projects that focus on innovation, experiment and development. Through the co-financing system, the initiative aims to stimulate innovation in the cultural industries. Three new members will join in 2013, including the VAF. The budget for this year increases to 1.5 million euros.