Funding for film and television production is available through the Welsh Government’s Media Investment Budget (MIB). Pinewood Pictures advises the Welsh Government on the MIB, which has £30 miilion available for film and television projects that can shoot 50% of principal photography in Wales.
The MIB is available for commercial investment in film and TV productions filming in Wales and incurring Welsh spend.
Investment can consist of debt, gap and equity funding. Debt funding can include cashflowing tax credits and/or pre-sales. Decisions on whether to invest are made on a case-by-case basis.
Pinewood Pictures will require the following information to consider a project for investment:
- finance plan showing other investors
- sales Estimates
- evidence of any pre sales confirmed
- any cast and key personnel attached
If you're an independent production company based in Wales or a UK based company looking to produce your shows in Wales, you might be eligible for funding. Sky Vision has teamed up with the Welsh Government to support independent TV production in Wales by investing £400,000 in funding for new factual and entertainment programmes. For more information visit the Sky Vision website where you will find guidance notes and an application form.
Welsh Government has grant funding available for those projects that can demonstrate high levels of Welsh expenditure. For further details e-mail Wales Screen who will put you in touch with the right person.
Further information on Welsh Government assistance can be found at the bottom of the page.
Ffilm Cymru Wales
Ffilm Cymru Wales have a remit to help to develop a film sector in Wales and maximise the economic, educational and cultural benefits of film.
They support Welsh or Wales-based writers, directors and producers with development and production funding, industry assistance and mentoring opportunities. They also promote the use of film in education and community regeneration.
For more information visit the Ffilm Cymru Wales website.
UK Tax Relief
The British Film Institute’s (BFI) certification unit is the first point of contact for applicants wanting to qualify their film, high-end television programme, animation programme and video games as British and to access the UK’s creative sector tax reliefs.
For further information visit the BFI website.
For further advice on UK Tax Relief for production, follow the links to the British Film Commission’s website for: