Lionsgate Television’s second-season shoot for Blue Mountain State has received $5.4 million in production financing from Société générale de financement du Québec (SGF), the Quebec provincial government’s investment arm.

The financing to produce the latest 13 half-hour episode order of the football-themed comedy for Spike TV and Super Channel stems from a four-year $400 million pact signed in 2007 between SGF and the Vancouver-based mini-studio.

SGF’s Quebec film fund is to provide in all $140 million to Lionsgate, or 35% of production costs, as it shoots movies and TV series in the province, to a maximum of $35 million a year. In turn, Lionsgate committed to spend up to $260 million in film and TV production in Quebec by 2011.

Lionsgate earlier used the SGF fund to help finance the movie shoot for Punisher 2 and the sixth season of the TV series The Dead Zone, both in Montreal.

Blue Mountain State, created by Romanski (formerly known as Chris Romano) and Eric Falconer, is produced by Varsity Pictures and Lionsgate TV.

Besides the SGF pact, Lionsgate has secured similar production subsidies in New Mexico, Louisiana and Pennsylvania in recent years to reduce production costs by securing local financing partners.