Selective contributions for production — Law n° 220/2016

Description

Law n° 220 of 14 November 2016 “Disciplina del cinema e dell’audiovisivo” establishes the ‘Film and Audiovisual Fund’ aimed at funding works through tax credits, automatic contributions and selective contributions.

Selective contributions are granted by the DGCA of the Ministry of Culture for the writing, development, production and national distribution of Italian film and audiovisual works.

The budget intended for the production of films and audio-visual works, animation, documentaries, short films and videoclips amounts to €31,600,000, is allocated as follows:

Feature-length films by young talent: €7,800,000;
Feature-length films, debut or second works: €7,500,000;
Documentaries destined for theatrical, television or internet distribution of particular artistic quality and/or about characters or events key to Italy’s national identity: € 6,600,000;
Short films destined for theatrical, television or internet distribution: € 900,000;
Animated works for theatrical, television or internet distribution distribution of particular artistic quality and/or about characters or events key to Italy’s national identity: € 8,800,000, in two valuation sessions, each disbursing € 2,400,000;

Contacts

Francesco Mainiero - MiC - DGCA
Phone: 06. 6723.3262
Email: francesco.mainiero@cultura.gov.it
Web Site: cinema.cultura.gov.it

Link to the call Print Tab

Data sheet

Production

Italian Film or co-production

Distribution channel

Cinema
Television
Web

Film industry branch

Production

Assessment

selective

Eligible projects

Feature Film
Short Film
TV series
Documentary
Animation
Web product
Video clip

Beneficiaries

Italian production company
Italian cinematographic and audiovisual companies, also in association or in co-production, partnership or international production

Maximum contribution

The lower of:

the contribution requested pursuant to the call for proposals, as reported in the financial plan of the work
40% of the eligible costs;
in the case of animated works, €1,000,000 reduced to €600,000 for works by young authors and first and second works

Maximum quota on cost

50% of eligible costs

Type of contribution

Non-repayable grants

Requirements

Italian nationality must be requested
Minimum spend in the territory:
160% of the grant attributed for Italy

For co-productions, co-participations, international productions, the Italian businesses must retain no less than 20% of the rights, or no less than 10% if more than 2 countries are involved;
Headquarters in the European Economic Area;
Fiscal residency in Italy;
Unqualifiable as a non-European business;
Qualifiable as an independent producer;
Ateco 59.11 code and inscription in Italy’s corporate registry, Registro delle imprese;
Possession of the rights to creatively develop the story, treatment or other artistic material.

Payment schedule

The grant may be requested as follows:

The beneficiary may submit a request for a 50% advance, on submission of the correct paperwork; the request may be advanced no earlier than 90 days before the start of principal photography and no later than 12 months following the published list of awarded grants (12 months term can be extended only once, by 6 months, on authorization from the DGCA);
Within 90 days, DGCA disburses the advance;
Within 30 days of disbursement of the advance, the beneficiary must present proof of payment for the amounts owed to the writers of story and screenplay;
Within 24 months from the published results (36 for animated works), the business must present the final request for the grant, with the correct paperwork;
Within 90 days, DGCA disburses the balance of the grant.

Notes

Applications for funding must be made online via the DGCOL platform.