Applications Now Available For NC Film and Entertainment Grant
RALEIGH—Applications are now being accepted for North Carolina’s new $10 million film and entertainment grant. The availability of the application follows the finalization of the program’s guidelines, which had been open to public comment since January 2.
Administered by the North Carolina Department of Commerce and marketed by the North Carolina Film Office, the grant program replaces the state’s previous 25% refundable tax credit which ended on December 31, 2014. Projects seeking to apply for the grant must have a direct in-state spend of at least $5 million for feature films, $250,000 per episode for television series, and $250,000 for commercials.
The grant will rebate productions up to 25% back–based on availability–on their qualified in-state spend but will not exceed $5 million per feature film or television series or $250,000 per commercial. Interested productions must also complete the film office’s “notification of intent to film” form before formally applying via the grant’s application.
To learn more go here http://www.nccommerce.com/film/incentives