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FUNDING Spain

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The ICAA announces its call for selective project support

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- Applications to receive these grants can be submitted until mid-April, with €2 million more available compared to the previous call

The ICAA announces its call for selective project support

With this first, innovative call of the new film law, and thanks to its fund of €6 million (€2 million more than last year), the ICAA (Film and Audiovisual Arts Institute) expects to support independent Spanish producers who present cinematic projects of special cultural or social value, either experimental or documentary titles that are directed by new filmmakers (who have not yet made more than two feature-length movies). The maximum amount of aid that a single project can be allocated will be €500,000: this figure must not exceed 40% of the film's production costs. In the case of international co-productions, this percentage will only pertain to the Spanish involvement in the project.

(The article continues below - Commercial information)

Projects must not surpass a total production cost of €1,800,000; they must be able to demonstrate that they have a guaranteed minimum of 10% of their financing in place at the moment of submission of the support request, and must invest half of the production money in Spanish crews or in a way that affects Spain. In addition, 10% must be invested in promotion, advertising and copies, the film must be screened commercially in at least 15 movie theatres, and the producer must be able to demonstrate proven experience in shooting short films, features or TV programmes during the last five years. The projects may be submitted until 15 April. For more information, as well as the terms and conditions, please click here.

Likewise, the ICAA has recently opened – until 11 April – the call for Amortisation Support for Features, for titles that were premiered during 2014; production houses will be the possible beneficiaries of this aid. The available funds have increased to €33 million, and terms and conditions are available here. This support (from the previous film law) will co-exist with the new selective aid outlined above, and with the general production support – which will be announced shortly in the Boletín Oficial del Estado (Official Government Gazette) – until 2018.

(Translated from Spanish)

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