This year Austria launched a €20 million ($28 million) film fund, becoming the latest European country to introduce a national incentive to support and encourage local and international production.
Modeled after Germany’s $80 million-a-year Federal Film Fund (DFFF), the Austrian model is available to local films and documentaries as well as international co-productions and co-financing deals involving an Austrian partner.
Known as Film Location Austria (FISA), the fund will initially operate through the end of 2012.
To qualify, films must spend at least 25% of total production costs in Austria. Financial support for any production is either capped at 25% of all eligible production expenses, or at 15% of the annual FISA budget.
Austria’s federal development bank AWS will review applications from producers, while the national film commission conducts a cultural test based on international criteria and mandated by the European Union.
As in Germany, the test follows a point system taking into account cultural and economic factors.
In addition to the new initiative, the Austrian Film Institute also provides funding in the form of subsidies to commercially successful filmmakers with established track records, project-related productions that are assessed by a selection committee and to new talent.
On a regional level, all of Austria’s nine provincesoffer various types of support for film production.
Film Location Austria
Arie Bohrer, film commissioner
Phone: +43 (0) 1 588 58
Austrian Film Institute
Roland Teichmann, director
Phone: +43 (0) 1 526 97 30