Creative England gives West Midlands Fund £3 million boost
by Naman Ramachandran
- Guidelines significantly revised opening it up to more projects
Creative England has made available an additional £3 million of investment available to features and television drama via its West Midlands Production Fund (WMPF), for 2015. It has also significantly revised its guidelines, opening it up to more projects. Maximum investment per project has been increased to £1 million and the Fund will now offer a mixture of debt and equity and can accept matched co-investment from both private and other public sector sources including the British Film Institute, the BBC, Channel 4 and the Enterprise Investment Scheme. Supported through the European Regional Development Fund, the WMPF is accepting applications from producers based in Birmingham and the West Midlands as well as from companies looking to bring productions to the region.
Productions looking for investment must utilise local cast, crew and services wherever possible and spend a significant portion of the production investment in the area.
Richard Holmes, Senior Film Executive at Creative England, said, “This uplifted funding and more flexible guidelines will make the West Midlands region an even more attractive destination for TV and film producers looking for diverse locations, a talented workforce and dynamic production services support.”
Chris Moll, Head of Film at Creative England, said, “This budget increase is aimed at securing the reputation of the region as a favoured port of call for the very best UK and international television and feature film producers.”