Miami-Dade County's film incentive program now offers benefits to independent productions
Productions spending between $500K to $1 million may qualify for $50K grant
Miami-Dade County's local TV/film and digital entertainment production incentive program now includes a second tier of incentives for independent productions. This second tier is attractive to independent filmmakers and larger budget television commercials. It would allow productions spending between $500,000 and $1 million in the County to qualify for a maximum grant of $50,000, and allows for two projects per company per year.
Productions will have to meet certain requirements to benefit from this program. Among those are the following:
- The production must spend at least $500,000 in Miami-Dade County on payroll (for Miami-Dade County residents only) and other expenditures.
- At least 70% of the entire production project must be produced in Miami-Dade County.
- Each production project is required to hire a minimum of 20 main cast and crew (employees) that are Miami-Dade County residents and must include at least one student/recent graduate who is enrolled at or has recently graduated from a local college or university.
- At least 70 percent of vendors utilized on the production project must be Miami-Dade County-based registered businesses.
Other changes to the program include reduced eligibility requirements for the first tier where productions spend at least $1 million to receive a $100,000 grant.
“The feedback we’ve received about our local incentive program tells us that it’s valuable and successful,” said Miami-Dade County Mayor Carlos A. Gimenez. “These updates to the program offer greater opportunities to bring more productions to Miami-Dade County, to the benefit of our local economy.”
“The modifications will allow more flexibility for productions to meet less stringent eligibility requirements,” said Sandy Lighterman, director of the Office of Film and Entertainment. “Additionally, creating a second tier will attract indie filmmakers who have lower budgets.”
Miami-Dade County is an ideal destination for film and entertainment projects. From diverse locations, experienced crews and local talent base to superior infrastructure, it boasts of a dynamic, flourishing production industry that employs approximately 10,000 full and part-time workers and has an annual impact of over $1 billion to the local economy.
For more information on the TV/film and digital entertainment production incentive program, visit the Office of Film and Entertainment website http://www.filmiami.org/.