THE NETHERLANDS FILM FUND LAUNCHES €20 MILLION PRODUCTION INCENTIVE SCHEME AND NEW FILM COMMISSION
CANNES (MAY 16, 2014): The Netherlands Film Fund, the national agency responsible for supporting film production in the Netherlands, today announced the launch of the €20 million Netherlands Film Production Incentive (including working costs), devised to stimulate greater international investment in the Dutch film industry. In addition, the Netherlands Film Fund announced the launch of the Netherlands Film Commission which will promote the Netherlands to the international film industries both as a location and as a centre of technical and creative excellence.
The Netherlands Film Production Incentive offers 30% cash rebates on eligible Dutch spend for features and feature length animations with a minimum production budget of €1 million euro, and for documentaries with a minimum budget of €250.000. The maximum grant per application is €1 million. At least 50% of the financing of the production budget should be in place upon application. After the Fund’s decision on the grant the film should be fully financed. The Production Incentive budget will be allocated across different application rounds. The first deadline for applications is June 5th 2014 with a budget cap of €9,7 million.
Jet Bussemaker, Dutch Minister of Education, Culture and Science commented: “the Netherlands has enormous potential when it comes to our creative industries, and the film and audiovisual sector in particular. The quality of our youth and family films, animation and documentaries, for example, are internationally recognized. The Netherlands is up to the challenge of playing a leading role within the international film and entertainment trade.”
Doreen Boonekamp, CEO, Netherlands Film Fund, added: “The launch of the Film Production Incentive together with the Film Commission marks a significant step forward for the Netherlands on the international stage.
We have highly qualified English speaking professionals, a finely meshed infrastructure, both physical and digital, as well as unique locations. Together with our open attitude towards co-production we have a lot to offer to the international industry. We trust this will give a boost to our international co-operation and exchange of creativity. ”
The Netherlands Film Commission is a new division of The Netherlands Film Fund. The Commission’s launch at Cannes 2014 heralds an altogether more integrated and systematic approach to the promotion of the country as a film production location and co-production partner to the worldwide film community.
Marjan Hammersma, director General for Culture and Media from the Dutch ministry of Education, Culture and Science officially launched the scheme at the Cannes Film Festival followed by a presentation by Film Fund CEO Doreen Boonekamp.
About the Netherlands Film Fund
The Netherlands Film Fund is the national agency responsible for supporting film production in the Netherlands. It focuses on the quality and diversity of feature films, documentaries, shorts, animation and experimental films. Fund operations cover participation in development, production and distribution, as well as supporting film festivals, co-production markets and individual training for film professionals.
The Netherlands Film Fund operates under the aegis of the Ministry of Culture and receives most of its funds on the basis of four-year policy plans.