Nova Scotia Business Inc. (NSBI) has announced newly approved productions through the Nova Scotia Film and Television Production Incentive Fund today, April 24.
The TV series, Doctor Barry, produced by Doctor Barry Productions Inc., has been approved for a funding commitment of $41,938 based on an eligible Nova Scotia expenditure of $139,793.
The TV series, Voltage, produced by 3267176 Nova Scotia Limited, has been approved for a funding commitment of $280,290 based on an eligible Nova Scotia expenditure of $934,300.
— 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 complete the applicant submits a final claim to NSBI for processing and disbursement
— all applications and claims are processed and approved by NSBI.