The Netherlands Film Fund invests EUR4.4 million in 17 productions in 2018
The Netherlands Film Fund has announced that a total of EUR4.4 million has been invested in 17 new productions throughout the first round of 2018. These productions will incur an estimated local spend of EUR18.8 million.
Of the 17 new productions to tap into the film fund this year, there are 13 feature films, three documentaries and one animated feature. 11 of the 17 are international co-productions.
Doreen Boonekamp, CEO of the Netherlands Film Fund says: “the launch of the Film Production Incentive, together with the Film Commission in 2014 marked a significant leap forward for the Dutch film and audiovisual sector on the international stage. Since its inception, a total of 273 film projects have been supported, with grants totalling almost EUR67.1 million, leading to Dutch production spend of EUR307.1 million. The scheme has also increased the number of employees working in the film sector by 26%.”
She continues: “last year we extended the production incentive to high-end TV drama, and the results are very promising. In the first pilot round of the incentive for TV series last December, more than EUR7 million in rebate funding was awarded to 11 series. Nine of these will be made with international partners.”
In 2016, Christopher Nolan’s Oscar-nominated feature, Dunkirk, was awarded USD1.2 million through the Dutch incentive. The Netherlands Film Fund provides a cash rebate of up to 35% for productions that incur an eligible spend within the country.
The Netherlands will soon be hosting production on the cinematic adaptation of Donna Tartt’s best-selling novel, The Goldfinch.
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