The increased funding is expected to bring 11.4 m EUR in additional revenue into Estonia, with a net income of at least 8 m EUR, according to ERR, the English-language service of the Estonian Public Broadcasting.
The increased sum was proposed by the Culture minister Tiit Terik in May 2022 and decided by the Government on 4 August 2022.
Film Estonia is handling the cash rebate scheme under the umbrella of the Estonian Film Institute.