Nova Scotia Business Inc. (NSBI) announced two newly approved productions through the Nova Scotia Film and Television Production Incentive Fund today, June 21.
Television series Sex and Violence Season III, produced by Spiteful Threesome Pictures Inc., has been approved for a funding commitment of $160,945 based on an eligible Nova Scotia expenditure of $519,179.
Television series This Hour Has 22 Minutes Series XXIV, produced by DHX-Hour Productions (NS) XXIV Inc., has been approved for a funding commitment of $2,200,346 based on an eligible Nova Scotia expenditure of $7,334,489.
As funding commitments are approved details will be available on the NSBI website at http://www.nsbi.ca/filmfunding .
— 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
To learn more about the application process, eligible costs and guidelines, go to Nova Scotia Film and Television Production Incentive Fund at www.nsbi.ca .