Its aim is to create and develop a powerful and competitive film and television industry in the state.
In 1999, the Bayerische Staatskanzlei took over the responsibility for the fund and Minister of State Erwin Huber became chairman of the FFF.
In that year, the fund participated for the first time in the Medientage München (Munich Media Days).
To assist in the financing of film productions, HypoVereinsbank, the BayernLB, Bankhaus Reuschel & Co., and the LfA Förderbank Bayern founded the Bavarian Bank Fund (BBF) in 2000.
In 2005, FFF Bayern presented for the first time its award for film journalism at Filmfest München.