Italy's Trentino-Alto Adige adds film fund
Italy’s autonomous Trentino Alto-Adige region is looking to lure productions by adding a €3 million ($3.9 million) film fund to incentives already in place.
The fund is expected to be up and running by the end of the year.
Trento and Bolzano are the major cities in the region that borders Austria. It stood in for Transylvania in Roman Polanski’s 1967 “The Fearless Vampire Killers” and this year it hosted German telepic “Der Sommer der Gaukler” from Moviepool, and Italo skein “Un passo dal cielo,” produced by Lux Vide.
“We want to position ourselves at the crossroads between productions from Italy, Germany, Austria and Switzerland,” said Christiana Wertz, who is in charge of the Business Location Sud-Tirol org.
Wertz said the nascent film commission will not require productions to tubthump Trentino Alto-Adige in films shooting there, meaning that its locations may stand in for other territories. The fund, which still needs final government approval, intends to support a relatively small number of films, having set a high $1.9 million cap on the amount each project is eligible for, on top of Italy’s current 25% tax credit for foreign productions.
However, productions must match 100% of the incentives they receive as additional spend in the region.