NEWS

 

COPENHAGEN FILM FULD IS WORKING TO TRIBLE THE BUDGET

28 Jun 2015, Posted by Liv Saalbach Holse in Uncategorized @en

The first half of 2015 is almost done, and that means that Copenhagen Film Fund’s first period of investment is nearing it’s end. We have entered the crucial phase to secure funding for the next period that runs 2016-18. All the municipalities and investors that funded the first time around have been re-applied , but we are also looking at other fields. The goal is to treble the original budget of investment of 35 million kroner for the next period.

A budget of that size is crucial in order to being able to compete with other filmfunds in European cities and regions, which have far bigger funds. And it pays off. A report from Copenhagen Economics has shown, that it is very good business to invest in film- and tv-productions. For every krone Copenhagen Film Fund has invested, 5, 8 kroner has returned to the state and metropolitan area, and approximately 300 jobs have been created. Not to speak of the branding value it has created of Copenhagen and our filmindustry. We have seen that there is plenty of water in the well, so why not use a bigger bucket?

We are looking forward to bringing good news!

Read the full report here (in Danish)