Ilana established Ilana C Frank Films Inc. (ICFF) in the summer of 2011 as her new operating company entering a first look deal for television projects with Thump. In early 2012, Thump Inc. was sold to Entertainment One Television acquiring ICFF's first look television deal. ICFF continues to produce Rookie Blue. ICFF is in pre-production on a its new hospital drama, currently titled SAVING HOPE, developed and piloted with CTV/Bell Media and picked up by NBC. The series goes to air in June, 2012. It stars Erica Durance SMALLVILLE, Michael Shanks and Daniel Gillies. Executive Producers are Ilana Frank, David Wellington, Morwyn Brebner, Aaron Martin and Lesley Harrison.

In 1998 Ilana Frank established her own production company, Thump Inc. Her first feature film, THE LIFE BEFORE THIS (1998), starred Stephen Rea, Sarah Polley, Joe Pantoliano and Catherine O'Hara who won a Genie Award for her performance.

In 2001 Ilana moved into dramatic series television production as the Co-Creator and Executive Producer of THE ELEVENTH HOUR, a 13-part one hour dramatic television series set in the world of Investigative Journalists at a major television network.

For two-thirds of its three season run the series received the Gemini Award for Best Dramatic Series on Canadian Television. Over the course of its run, THE ELEVENTH HOUR was nominated for more than thirty Gemini Awards, and won more than fifteen Gemini's in all major categories including Best Writer, Director and Actor.

In 2006-07, Ilana again teamed up with THE ELEVENTH HOUR alumnus director David Wellington on a four-hour original mini-series for CTV entitled WOULD BE KINGS. Currie Graham, Ben Bass and Natasha Henstridge starred in the mini-series that was written by two other THE ELEVENTH HOUR alumni, Tassie Cameron and Esta Spalding. Natasha Henstridge won a Gemini Award for her performance in WOULD BE KINGS.

In 2007 - 08, Thump produced the television movie for CTV in Canada and Lifetime in the U.S. entitled OF MEMORY AND MURDER, (Or MURDER ON HER MIND in the US and foreign) written by Semi Chellas, and inspired by the memoir WHO NAMED THE KNIFE by Linda Spalding. David Wellington directed the MOW starring Annabeth Gish, Chandra West, Hugh Dillon and Callum Keith Rennie. In 2008, Thump produced a pilot for a one hour drama series CLEAN for Canwest Showcase starring Ben Bass, written by Adam Pettle and directed by David Wellington.

In late 2008, one of the series Thump had in development with Canwest Global was picked up for a 13 episode run Teamed up again with Tassie Cameron and David Wellington to executive produce the show which was picked up in development by ABC for the US. Entertainment One distributes ROOKIE BLUE worldwide. The show, now in its third season of production, was a huge ratings hit for Global in Canada and the best launch of a scripted drama for ABC in the last six years. It is sold around the world.

ICFF has other series and a few features in development as well.

Over the years, Ilana has given much now-recognized talent its first break, and she has consistently demonstrated a unique ability not only to identify talent, but also to nurture and develop it and integrate it into exciting and commercially successful productions Ilana's accomplishments were heralded at the 2007 Writer's Guild of Canada Awards when she was awarded the Alex Barris Mentorship Award for her efforts nurturing Canadian talent.

As one of the nine nomination letters for the WGC Award put it: "Ilana is a mentor, a bodyguard, a hustler, an advocate, a queen of ideas, a negotiator and a true friend. She isn't detached or objective; she isn't remotely hands off. (Thank God) She's passionate, engaged and "all-in" all the time. She believes in the voices of the artists she works with and helps them realize their vision."

In 2008 Ilana was also awarded the WIFT-T Crystal Award for Creative Excellence in recognition of her achievements and the dynamic quality of her work in the screen-based media industries.