Will the Minister provide a breakdown of the £400,000 Factual and Entertainment Fund to promote Welsh TV production, as promised by the previous Welsh Government and Sky Vision?
Answered by Cabinet Secretary for Economy and Infrastructure | Answered on 23/06/2016
The Welsh Government and Sky Vision will each invest £200,000 into the Fund. The project levels for each individual project will vary as will the contribution ratio from Welsh Government and Sky Vision, depending on the stage of development:
- Development Funding. Up to £10,000 per project. Funding ratio: 70:30 Welsh Government : Sky Vision.
- Pilots Funding . Up to £50,000 per project. Funding ratio: 50:50
- Top-up Funding for commissioned content. Up to £75,000 per project. Funding ration 30:70 Welsh Government :Sky Vision.