Media Investment Budget
The Media Investment Budget can provide commercial funding for TV and film productions.
Decisions to invest from the television and film investment fund are made on a case by case basis and on the condition that you shoot at least 50% of your production in Wales and 40% of your below the line production budget must be spent on ‘Welsh Production Expenditure’ which is defined as follows; expenditure on goods and services supplied by businesses and individual freelancers located in and operating from or within Wales. This spend will need to be evidenced at the end of each project, through an independent, audited report.
The Welsh Government (WG) will share in any commercial upside from film or television projects, whether in box office receipts or where television programmes are distributed globally.
We are happy to look at projects from a fairly early stage, but in order to make a decision on whether or not we would consider investing into the project, we would require the following information:
• Finance plan showing other investors
• Sales Estimates
• Evidence of any pre sales confirmed
• Any cast and key personnel attached
It helps if you have the following firmer details to make a more swift decision:
• Confirmed producer
• Confirmed budget of shoot, including Welsh spend
• Completion guarantee from a bond company
• Confirmed cast
• Major territory presales to give WG confidence in sales estimates provided
• Complete finance plan
For more information email Wales Screen, who will pass on your enquiry to a colleague in the Welsh Government’s Creative Industries team.
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: