The new lines of financing and support for the internationalization of the program ‘España hub Audiovisual’ are presented at the Malaga Film Festival
23/03/2022
The Spain Audiovisual Hub of Europe Plan has an expected public investment of EUR 1.603 billion for the period 2021-2025, of which EUR 200 million will be financed by transfers of European funds under the Recovery Plan.
Today they have been presented in MAFIZ, the industry area of the Malaga Film Festival, the new lines of financing and support for innovation and internationalization of different companies and public organizations within the framework of the Plan “Spain Audiovisual Hub of Europe”.
The event was closed by Arturo Azcorra, General Director of Telecommunications and Audiovisual Communication Services, who announced the next publication of a call for grants with 30 million euros, which will finance innovative projects such as special effects prototypes, animation, and application of artificial intelligence technologies to audiovisual production and video games.
The Plan “Spain Audiovisual Hub“to promote Spain as an audiovisual hub of Europe was presented a year ago by the President of the Government, Pedro Sánchez, and aims to promote national audiovisual production in the digital era and attract international investment and talent. It expects an investment of 1,603 million euros until the year 2025. This allocation includes aid to the sector, but also the reinforcement of the financial instruments available to the General Administration of the State through institutions such as the Official Credit Institute (ICO) and the National Innovation Company (ENISA).
The Plan expands the base of projects eligible for funding from ICO or ENISAas well as guarantees from the Mutual Guarantee Society “Audiovisual Finance SGR” or coverage of the Spanish Export Credit Insurance Company (CESCE) for investment projects.
The presentation, organized by the Secretary of State for Telecommunications and Digital Infrastructures, was attended by representatives of these institutions who made their funding lines known. For its part, ICEX Spain Exportation and Investment has explained its latest promotional measures, including the launch of the Spain Audiovisual Hub Bureau with information for international companies interested in undertaking audiovisual production projects in Spain.
Since the implementation of the plan a year ago, there has been an increase in the number of projects from the audiovisual sector that have benefited from the funding of these institutions.
In 2020 and 2021, the Official Credit Institute, with its financing programs and the COVID Guarantee Lines, channeled 675 million euros for the sector in 4,000 operations.
New web portal of Spain Audiovisual Hub
The new web portal has also been presented at the event https://spainaudiovisualhub.mineco.gob.es/es/home which incorporates information aimed at both the Spanish industry and foreign companies wishing to produce in Spain.
The content of the website is organized into several sections:
Industry Overview. It shows outstanding productions in different formats: feature film, short film, animation, video game. It also includes a specific section of the productions created, directed or with a relevant presence of women and a section of sectoral reports. The objective is to show the quality and dimension of Spanish productions
Shooting in Spain. The section ‘Shooting in Spain’ shows the variety of spaces, properties and natural environments available to Spain for shooting. For the first time, the offer of institutions such as Paradores, National Heritage, Adif, AENA and buildings and museums dependent on the Ministry of Science, among others, is shown in a single place.
This section also shows practical information for working and producing in Spain with visa guides, regulations and procedures.
Funding. Collects all information on grants, credits, guarantee systems, etc. For the first time you can access information from different sources from a single place.
Training. It brings together the largest directory of degrees, post-graduate courses, professional training and training programs aimed at the audiovisual sector
Industry Directory. Organized by activities, the website includes an extensive directory of links to the various associations, institutions and business organizations linked to the industry.