Commission to hand out $12 million over two years
Famed Italian region Tuscany has joined the growing ranks of Italo hot spots looking to lure to film productions with incentives.
On Saturday, the Tuscany Film Commission in Cannes unveiled its new film fund, which will be providing $12 million over the next two years for feature films, TV movies and docus shot in the region.
The fund will offer up to $600,000 for works by established helmers who shoot at least 50% of their externals in Tuscany. First-time directors will be able to tap into a maximum of $270,000. Smaller amounts are available for docus screenplay development.
Eligible projects will have to meet cultural criteria and have a direct connection with the Tuscan territory. The region will be boarding works by non tyros as a co-producer.
The Tuscan funds can be combined with Italy’s new tax credits, which provide international productions a 25% deduction with a E5 million cap.
Upcoming pics set to shoot in Tuscany include Abbas Kiarostami’s Juliette Binoche starrer “Certified Copy,” the Iranian auteur’s first pic set outside Iran. Kiarostami’s Chianti-set romancer, co-produced by MK2 and Italy’s Angelo Barbagallo, is expected to start lensing in June.