26-02-2015

Tartu Sets Budget for Cash Rebate Fund

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    Souptown Secret Society by Margus Paju Souptown Secret Society by Margus Paju credit: Nafta Films

    TARTU: The City Council of Tartu, Estonia’s second largest city, formally approved the launch of a regional cash rebate fund and set the fund’s initial annual budget at 150,000 EUR.

    The fund will finance both shooting and postproduction in the area of Tartu and will be available for feature films, short films, documentaries, animated films and quality TV series with a minimum of four episodes. The rebate is capped at 20% of the local spend. The fund will be managed by the Tartu Centre for Creative Industries.

    Detailed regulations will be hammered out in 2015 with the first call for applications opening in the last quarter of the year. Tartu Film Fund will be officially launched during this year’s Cannes Film Market with a screening of the scheme’s pilot project, a children’s feature Souptown Secret Society by Margus Paju (Nafta Films), shot in the city in 2014 and supported by the local council.