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Italo film fund expands to TV

Ten projecst will vie for cash

Italy’s South Tyrol film fund is launching a lab to develop TV projects shooting in the autonomous region on the border with Germany and Austria.

Under the initiative, to be announced by the Business Locations South Tyrol (BLS) Film Commission at Venice, 10 projects will be selected to workshop on location in the Alpine province. Of these, one will win a €5,000 ($6,200) prize. Submission deadline is Nov. 15.

The TV projects lab is an extension of the film projects lab BLS launched last year.

All productions must be linked to a South Tyrol site. The idea is to favor co-prods among Italy, Germany and Austria.

BLS will provide up to $62,000 in pre-production coin to TV projects spawned by the lab that become proper productions with outside financing.

Launched last year, the BLS fund is among Italy’s most generous, based on a system similar to German and Austrian regional incentives.

Fund has a $6.2 million at its disposal and a $1.8 million limit per project. The main requirement is that productions match 100% of the incentives as spend in the region.

On top of that, producers can tap into Italy’s 25% tax credit for foreign productions.

Recent works supported by the fund include Daniele Vicari’s feature “Diaz” and Lux Vide’s skein “Un passo dal cielo 2.”

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