Nova Scotia Business Inc. (NSBI) has announced two newly approved productions through the Nova Scotia Film and Television Production Incentive Fund today, Sept. 19.
A feature film, Splinters, produced by Conciliatory Pictures Inc., has been approved for a funding commitment of $294,500 based on eligible Nova Scotia expenditure of $950,000.
A documentary, Radical Age, produced by Tell Tale Productions Inc., has been approved for a funding commitment of $126,474 based on eligible Nova Scotia expenditure of $459,905.
More details about productions approved for incentives through the Nova Scotia Film and Television Production Incentive Fund are available on the NSBI website at www.nsbi.ca/filmfunding.
Quick facts:
— the fund applies to eligible costs such as labour, goods or services purchased from a Nova Scotia–based supplier
— when an application is approved, NSBI issues a commitment letter which can be used for bank financing. When the applicant enters the official incentive agreement, the agreement can also be used for the financing process
— once a production is approved for a funding commitment, the funds are placed in reserve
— when the production is complete the applicant submits a final claim to NSBI for processing and disbursement
— all applications and claims are processed and approved by NSBI.