9 Dec 2021

SA Film & TV Production and Co-production Incentive

by | posted in: Financial Assistance | 98

The  SA Film & TV Production and Co-production Incentive  is a  sub-programme of the South African Film and Television Production Incentive Programme, is to support  official  co-productions  and  contribute  towards  employment  opportunities  in  South Africa.

 

 

The SA Film & TV Production and Co-production Incentive  is  available  to  qualifying official treaty co-productions as follows:

  • The  Qualifying  South  African  Production  Expenditure  (QSAPE)  should  be  at  least  R2.5 million;
  • For documentaries, the Qualifying South African Production Expenditure (QSAPE) should be at least R500 000.
  • The  South  African  Film  and  Television  Co-Production  Incentive  provides  an  incentive  of thirty-five percent (35%) of Qualifying South African Production Expenditure (QSAPE). 
    • An additional five percent (5%) of QSAPE is provided for productions hiring at least twenty percent (20%) of Black South African citizens as head of departments (HODs) and procuring at least thirty percent (30%) of the QSAPE from fifty-one percent (51%) South African black-owned entities which have been operating for at least a period of one (1) year.
  • The  incentive  programme  offers  a  reimbursable  grant  to  the  maximum  of  R50  million  per qualifying project.

Incentive Calculations

The  incentive  is  calculated  at  thirty-five  percent  (35%)  of  the  Qualifying  South  African Production Expenditure (QSAPE). 

  • An additional five percent (5%) of QSAPE is provided for productions hiring at least twenty percent (20%) of Black South African citizens as head of departments and procuring at least thirty percent (30%) of the QSAPE from fifty-one percent (51%) South African black-owned entities which have been operating for at least a period of one (1) year.

 

The incentive is capped at a maximum grant of R50 million per qualifying project.

 

Going forward, Business Grants and Dream Team Capital can play an even more important role in the co-ordination, integration and reporting on the consolidated performance of the various fragmented energy efficiency initiatives in the country. Contact us today for professional assistance in streamlining your application for the SA Film & TV Production and Co-production Incentive.

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