ALL >> Investing---Finance >> View Article
Double Dipping Film Grants In Victoria
Pulling together a film is a bit like pulling teeth, a slow and sometimes painful process. You get the idea, you develop the idea, and before you go much further you run up against the pithy topic of money. Even in today’s tough world, there are people to talk to, even about the money. Film Victoria is a government sponsored agency established to promote links between the Australian film industry and its peers in other territories with, amongst other things, attractive film grants.
Australia has a rich heritage of talent and resources that can be put to work producing high quality movies in many different genres and it’s good to see a government agency backing their substantial claims with just as substantial amounts of cash for film finance.
Both the state government in Victoria and the Federal government have film funding schemes that are available to individuals from overseas. The two separate schemes consist of a number of initiatives that are both available giving film makers two bites of the film grant cherry.
Victoria State Initiatives
• Production Investment Attraction Fund – an ...
... investment program designed to tempt off shore film makers looking to film or base post production of visual effects features and TV series in Victoria. Funding is available for films that could potentially be made in competitor locations where 70% of the budget, amounting to a minimum AUD$3.5 million, will be spent in Victoria State
• Head of Department Initiative – provides a AUD$50,000 grant to enable the utilization of skilled HOD expertise. In order to qualify, the production must be able to demonstrate that Australian talent will be used in preference to footloose talent from other territories.
• Regional Location Assistance Fund - grants are available to encourage footloose (international projects potentially being located in competitor territories) productions to use locations outside on metropolitan Melbourne, within Victoria state. A minimum of five days filming in Victoria State locations is required, and the production budget must already be in place before applying.
• Film Victoria Production Investment – grants are available where an overseas production team are resident in a country that has a cooperation treaty with the Australian government
Federal Government Initiatives
• Producer offset – funding in two classes, for feature film projects and for non-feature film projects. The exact value of the amount is calculated as a percentage of Qualifying Australian Production Expenditure (QAPE) up to 40% of QAPE for features and 20% for non-features. The main qualification criteria relate to the extent of Australian content, by subject matter, production location and the residences of people involved in the production. This offset will consider the specific items of production expenditure before making a decision.
• Location Offset – provides up to 16.5% for large budget film and TV projects that are filmed in Australia
• Post Production/Digital/Visual Effects Offset – will refund 30% of the budget of any project spending more than AUD$500,000 in these areas
Further information on funding opportunities can be found at Film Vic Emate.
Are you looking for a Film Grant or funding for your next movie? Look no further and come to the Film Vic Emate website for details on how you can get film finance for your next project. We help film makers with film grants and helped win thousands of dollars for clients from the government.
Add Comment
Investing / Finance Articles
1. Chart Patterns For Effective IntradayAuthor: strike
2. Analysis Of Bank Statements: Essential For Banks And Nbfcs
Author: Aakash Parikh
3. Essential Tips For Buying Crypto Miners: Make Informed Decisions
Author: blockdag
4. Everything You Need To Know About Applying For A Swift Funds Loan
Author: Sofia Alice
5. Finding The Right Mortgage Broker In Abbotsford And Surrey, Bc
Author: Satbir Bhullar Mortgages
6. Jaydeep La Residency Thane Kolshet Road Project 2 & 3 Bhk Flats
Author: akhilagardas
7. Embracing Sustainable Investment With Esg Data & Solutions
Author: By Inrate Team
8. The Importance Of Lead Qualification In Solar Appointment Generation
Author: Shan Tait
9. Setting Up Your Company In Ireland: Key Considerations For Successful Formation
Author: LSC and Partners - Corporate Tax Consultancy LSC
10. Mortgage Lenders edmonton – How Are They Going To Help You
Author: Dominion Lending Centres Ratefair
11. Why Managing An Smsf In Perth Can Maximize Your Retirement Potential?
Author: Daniel Stewart
12. The Future Of Cryptocurrencies: A Look Ahead
Author: Ethan
13. Unlocking The Power Of Biodiversity In Data Solutions & Rating Services
Author: By Inrate Team
14. The Role Of Chartered Tax Advisors: Ensuring Compliance And Maximizing Benefits
Author: Business Tax & Money House
15. Innovative Accounting Solutions For Modern Businesses
Author: Business Tax & Money House