Isle of Man Media Fund
‘Digital Creation Isle of Man’ is based on a multi-million pound fund to support new media productions and production services. There are a range of funding options available – the production, post-production or other content creation related services must just be undertaken largely on the Isle of Man with the company also to based on the Isle of Man.
The scheme provides financial support, to approved content production and related enterprises in media such as TV & Film, Animation, Games & Video, Technology Innovation and Content Distribution. It offers financial support equating to 40% of the total project budget to eligible businesses that meet the criteria set out in guidelines which are linked to here:
Digital Creation Isle of Man Guidelines
Digital Creation Isle of Man will typically provide between £100,000 to £1m per project for a period of up to 5 years.
So you might consider it to be like a 40% cash back or tax break in film financing but with a much wider angle of investment, and somehow use it for gap-financing of an Isle of Man co-production. Effectivly the funding will be availabe to your Isle of Man based company rather than a single project.
Projects in which the previously Pinewood Pictures managed Isle of Man Media Fund has invested include Mindhorn, I Capture the Castle, Miss Potter, The Disappearance of Alice Creed, TT3D:Closer to the Edge, Belle, The Shadow Line and Dom Hemingway.
If you would like more information about the Financial Support Development Fund please contact us.