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Production Investment Fund

Up to $300,000 is available to support production companies in Tasmania to build sustainability, generate employment and increase revenue streams.

Production Investment Fund

Overview

The Production Investment Fund provides investment funding for the production of children’s and adults’ animation, feature films, television drama, documentary, digital and factual entertainment projects.

 

Funding

Funds are competitive and due to limited availability, applicants are assessed on a case-by-case basis and cannot be guaranteed to receive the maximum funding available.

Animation feature film or television drama

For projects produced substantially in Tasmania, Screen Tasmania may invest up to 30 per cent of the total production budget to a maximum of either:

  • $300 000 for a Tasmanian resident production company or a non-Tasmanian production company that can demonstrate a genuine creative and/or financial partnership with a Tasmanian resident key creative or production company; or
  • $200 000 for a non–Tasmanian production company.

Broadcast documentary

For a documentary from a Tasmanian resident production company or a non-Tasmanian production company that can demonstrate a genuine creative and/or financial partnership with a Tasmanian resident key creative or production company, Screen Tasmania may invest a maximum of:

  • $50 000 per hour for a series, with a cap of $100 000.
  • $80 000 for a one-off documentary with a minimum length of 52 minutes.
  • $150 000 for a one-off drama documentary with a minimum length of 52 minutes.

In exceptional circumstances, an equivalent pro-rata investment for shorter length programs may be considered.

For a documentary from a non-Tasmanian company, Screen Tasmania may invest a maximum of:

  • $40 000 per hour for a series, with a cap of $80 000.
  • $40 000 for a one-off documentary with a minimum length of 52 minutes.
  • $100 000 for a one off drama-documentary with a minimum length of 52 minutes.

In exceptional circumstances, an equivalent pro-rata investment for shorter length, one-off documentaries may be considered.

Digital

For a Tasmanian digital media project, Screen Tasmania may invest up to 30 per cent of the total production budget to a maximum of $150 000.

Factual Entertainment

For a Tasmanian factual entertainment series, Screen Tasmania may invest up to 30 per cent of the total production budget to a maximum of $125 000 per series.

Post-production investment

For post-production investment, Screen Tasmania may invest a maximum of $150 000 however the applicant must demonstrate best endeavours to complete the majority of work within the state.

 

Eligible Projects

Projects include:

  • animation feature or television series;
  • feature film (drama or documentary);
  • television drama (series, mini series and telemovie);
  • broadcast documentary (series and stand-alone one-offs);
  • digital productions
  • Factual entertainment series including lifestyle, comedy, light entertainment, reality, talk and game shows; and
  • Tasmanian projects that are at rough-cut stage and have market place interest will also be considered.

In addition to meeting the eligibility criteria detailed in the General Guidelines, the project must:

  • be production-ready and possess a clear and concise finance and marketing strategy;
  • have the majority of finance in place, with bona fide finance partners and evidence of marketplace commitment;
  • provisionally satisfy the Significant Australian Content requirements as set out in Division 376 of the Income Tax Assessment Act (Cth) 1997 (ITAA97) or be an official;
  • co-production as defined under the Screen Australia CoProduction Guidelines;
  • if applicable have a provisional certificate granted by the Film Authority pursuant to Producer Offset Requirements 2007 made in accordance with Division 376 of the ITAA 97; and
  • undertake a substantial amount of production and / or postproduction within the state. See Special Conditions below.

Please note, projects that demonstrate strong economic and/or cultural benefits to the State will be considered more competitive

 

Eligible Applicants

To apply, you must be:

  • the producer or hold the appropriate rights to produce the project
  • a TAS based production company if you’re applying for factual entertainment series, digital or post-production investment
  • able to demonstrate your project’s economic and cultural benefit to TAS.

Non-Tasmanian production companies may apply for investment in all categories apart from digital, factual entertainment and post-production, however they are encouraged to form a genuine partnership with a resident Tasmanian company as those projects will be favoured over others.

 

Timing

Applications open on an ongoing basis.

 

More Information

2017-02-09T17:11:35+00:00 September 30th, 2016|