Sarajevo Canton to launch a €1 million film and TV production fund
- The subsidy is intended to boost local production and will function as a rebate for local producers, starting in 2020
The government of the Sarajevo Canton has announced the formation of a new fund intended to boost local film and TV production to the tune of €1 million a year, starting in 2020.
The move was announced at a press conference at the Sarajevo Film Festival (SFF) by Sarajevo Canton Prime Minister Edin Forto, Minister of Culture and Sports Mirvad Kurić, chairman of the Sarajevo Canton Assembly Elmedin Konaković, head of industry at SFF Jovan Marjanović and SFF director Mirsad Purivatra.
The production grants will function as a rebate on an as-yet-unspecified share of qualifying production costs for the local producer, executive producer or co-producer.
The richest of the ten cantons that constitute the Federation of Bosnia and Herzegovina is also the one in which creative industries are by far the most active. With this initiative, the government is aiming to create new jobs, increase the number of film and TV projects, and attract international productions.
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