Screen Queensland is rolling out a number of key changes to its program funding structures and terms of trade that will take effect from July 1.
1. Increase in Production Investment Ceilings
• Raise the Production Investment ceiling from $650,000 to $750,000.
• $100,000 ‘top up grant’ for eligible long form and large scale productions taking the total SQ funding to $850,000 for these projects.
2. Increase in Production Grant Ceilings
• Raise the Production Grant ceiling from $50,000 to $100,000 for all projects where the production budget is up to $1million.
• Raise the grant ceiling to $200,000 on a discretionary basis for projects supported through Production Funding where the budget is above $1 million.
Production funding applications will be assessed when applying for discretionary grants against clear mandatory criteria as well as the criteria outlined below:
• Was the project developed in Queensland?
• Will the project shoot in Queensland?
• Will the project be post produced in Queensland?
• Is there a significant level of Queensland Production Expenditure, and does this constitute a significant percentage of the overall production budget?
• Is the level of SQ investment already above 10% of budget?
• Are the key creatives (writer, producer, director) resident in Queensland?
• Are Heads of Department and key crew resident in Queensland?
• Are there opportunities for training and up-skilling key creatives (attachments)?
• Will the project contribute significantly to the strategic aims of SQ and benefit the Queensland screen industry?
Further details on these changes will be announced in the coming months.
3. Changes to Screen Queensland’s Terms of Trade
Reinvigorated Terms of Trade will come into effect from July 1. The Terms of Trade will be clear, consistent and aligned with the Screen Australia format.