What is the SA Emerging Black Film?
The SA Emerging Black Film Incentive is aimed at supporting new entrants to the film industry by enabling them to take on big productions. The incentive is available to South African black-owned qualifying productions with a total production budget of R 1 million and above. The incentive provides financial assistance to qualifying applicants in the form of a rebate of up to 50 % for the first R 6 million of the Qualifying South African Production Expenditure (QSAPE), and 25 % thereafter. No cap is applicable for this rebate.
Principal photography should not commence until an approval letter has been received from the Department of Trade and Industry (DTI). An applicant must be a registered Special Purpose Corporate Vehicle (SPCV) incorporated in South Africa solely for the purpose of the production of the film or television project. The holding company / companies must have at least 65 % South African black shareholders and the SPCV must have at least 75 % South African black shareholders, of which the majority must play an active role in the production and be credited in that role.
The objectives of the South African Emerging Black Filmmakers Incentive, a sub-programme of the South African Film and Television Production and Co-Production Incentive, is to nurture and capacitate emerging black filmmakers to take up big productions and contribute towards employment opportunities. The South African Emerging Black Filmmakers Incentive is available to qualifying South African black-owned productions with the total production budget of at least R500 000