Nova Scotia Business Inc. (NSBI) announced a newly approved production through the Nova Scotia Film and Television Production Incentive Fund today, May 31.

The feature film, The Lighthouse, produced by LH Productions Limited, has been approved for a funding commitment of $1,673,440 based on an eligible Nova Scotia expenditure of $5,976,572.

More details about productions approved for incentives through the Nova Scotia Film and Television Production Incentive Fund are available at http://www.nsbi.ca/filmfunding .

Quick facts:
— the fund applies to eligible costs such as labour, goods or services purchased from a Nova Scotia-based supplier
— when an application is approved, NSBI issues a commitment letter which can be used for bank financing. When the applicant enters the official incentive agreement, the agreement can also be used for the financing process
— once a production is approved for a funding commitment, the funds are placed in reserve
— when the production is approved for a funding commitment, the funds are placed in reserve
— when the production is complete the applicant submits a final claim to NSBI for processing and disbursement
— all applications and claims are processed and approved by NSBI

To learn more about the application process, eligible costs and guidelines, go to Nova Scotia Film and Television Production Incentive Fund at http://www.nsbi.ca .

Source: Release