Nunavut Spend Incentive Program: Stream I

By mmuise
Description:

The Nunavut Spend Incentive Program is an initiative that awards production companies a rebate on the total eligible costs for production goods and services purchased and consumed in Nunavut. Only those eligible productions which spend more than $25,000 on goods and services consumed in Nunavut are eligible to apply for a rebate. Stream I of this program is intended for organizations with Majority Nunavut ownership.


Comments on Funding:

1. Stream I provides a rebate of 27% of total eligible costs of production goods and services purchased and consumed in Nunavut. Only those eligible productions which spend more than $25,000 on goods and services consumed in Nunavut are eligible to apply for a rebate.
2. Nunavut Spend Incentive will support series production on the following basis:
a) Season One: 100% of the applicable rebate,
b) Season Two: 80% of the applicable rebate,
c) Season Three: 60% of the applicable rebate,
d) Season Four: 40% of the applicable rebate,
e) Season Five: 20% of the applicable rebate,
f) Season Six: No Funding.

Deadline: Continuous Intake
Eligibility:

The applicant must:

  • be a production company incorporated pursuant to the laws of the Territory of Nunavut or Canada whose primary activity is developing and producing film, television and/or digital media content, with majority Nunavut ownership;
  • be able to demonstrate that they own 100% of copyright in the eligible production, or first option to adapt the underlying property and acquire copyright ownership
  • be in good standing with the relevant Corporate Registry with respect to Stream II applications for eligible productions with budgets exceeding $500,000 only: be able to provide written evidence that the applicant, or its affiliate, has entered into an agreement with a licensed Canadian broadcaster or bona fide distributor.

    Each Producer named in the application must meet the following minimum criteria:
  • be an individual whose primary business activity to date has been developing, producing, marketing and exploiting film, television and/or digital media project(s); and
  • be an individual who:
    a) is a central decision-maker at all levels in respect of the eligible production,
    b) is directly responsible for the creative direction, financial control, completion, delivery and exploitation of the eligible production;
    c) is contractually entitled to reasonable, verifiable and commensurate monetary
    participation in budgeted Producer fees and net profits;
    d) is contractually entitled to receive on-screen credit as a Producer, Executive Producer, or Co-Producer and, ultimately, identified in the production as being a Producer, Executive Producer

    Co-producers:
  • At least one of the Individual Producers named in the application must be a resident of Nunavut.
  • An Individual Producer can be an Executive Producer, Producer, or a Co-Producer, is in good standing with Nunavut Film.
Application Steps:

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Documentation Needed:

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Other Things to Note:

Application Intake: Ongoing.

About the author
mmuise