Following are the key Prince Edward Island funding and investment sources available for Canadian independent film and television program development, production and/or distribution.
INNOVATION PEI
Innovation PEI provides assistance and related services programs to private-sector film and television companies offering sustainable job and wealth creation opportunities in Prince Edward Island. The agency delivers a number of programs designed to assist in the funding of new film and television projects, and to provide support to producers and filmmakers. These include:
Innovation & Development Tax Credit: The IDTC may provide a rebate of 52.5% against eligible P.E.I. labor expenditures to qualifying producers of eligible film and television productions. Corporations must be at least 51% owned by a Prince Edward Island resident and have a permanent establishment in the province.
Development Loan Program: Where a broadcaster has made a financial commitment to the development process, Innovation PEI may support the process of project development by providing a non-interest-bearing loan for up to one-third of the proposed development budget, to a maximum of $25,000.
Short Film Program: Innovation PEI provides financial assistance to new P.E.I. filmmakers in order to produce a short film. The grant may be up to 25% of total costs of production, to a maximum of $10,000.
P.E.I.Other $$$: P.E./I.Innovation PEI may also provide assistance with marketing, professional services and other areas to qualifying film, television and new media companies.
Contact:
Tel: (902) 368-6300
1-800-563-3734 x5
info@peifilmlocations.ca