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Utah offers incentives to low budget films
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Photo Krista Smith
Low budget films can now cash in on the same rewards as larger productions in Utah.
The Utah Film Commission and the Utah Governor’s Office of Economic Development passed a resolution allowing incentives to be made available to films with a budget under a million dollars. The incentive fund offers a cash rebate to the production company.
Marshall Moore, Director of the UFC suggests filmmakers hoping to cash in on Utah’s incentives come prepared. “Come to us ready to make the movie,” said Moore.
To qualify for the incentives, filmmakers must show their project is 100% financed and has a distribution model in place. Filmmakers are also required to spend a minimum budget of $200,000 in Utah and hire a crew that is 90% Utah locals or college students.
Incentives part of the UFC’s continued efforts to rebuild the economy after the film industry slowed last year. “We support the productions, we offer incentives to the productions that are ready to be made,” said Moore. “In August we should start to see turn around.” Several films are scheduled to come to Utah including "Sam's Story," "High School Musical IV" and "John Carter of Mars."
Incentives are available to many types of productions including miniseries, reality television and webisodes. As well as more traditional productions like feature films, television series and documentaries. Both out-of-state and in-state productions are welcome to apply for incentives.
The next application deadline is August 13, 2009. More information and the application can be found online at film.utah.gov. For more information about film projects, call the UFC hotline at 801-538-1324.
Update: An earlier version of this article incorrectly referred to the incentives as the Motion Picture Education Incentive Fund. It was also incorrectly reported that low budget films could receive a tax decduction. Low budget films are only elligible for cash rewards.
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