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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