The Department of Innovation, Industry, Trade and Tourism has allocated a five million lira grant to stimulate audiovisual production within the Valencian territory. The objective is to support cinematographic and other audiovisual works, with a projected economic impact of approximately 25.8 million euros across the Community.
The Generalitat offers a set of subsidies that cover 25% of eligible production costs within the autonomous region. In practical terms, this means the total production budget must reach at least 4 million euros, with a minimum local expenditure of 2 million euros within the Community, according to the Conselleria’s official notes.
The maximum aid available to a single production company under this scheme is 1.5 million euros. The grant is compatible with other public contributions. It is also specified that the annual call rules consider only construction and post-production expenses for eligible funding, explicitly excluding development costs, which must be incurred as outlined in the guidelines.
Bonus Allocation
Among the beneficiaries this year are Surfil, the producer of the film titled Orwell; Misent Productions SL, for the movie Prisoner; Defective Films, for the film Bad Influence; and Hampa Studio, for The Girl and the Wolf and Tastes of the Hunt. The combined budget of these productions totals 37.53 million euros.
Production companies may settle eligible costs over three annual installments. In total, non-refundable competitive subsidies totaling five million euros are distributed over three years to promote a new economic model for the audiovisual industry. This tranche represents 25% of the anticipated spending across the five winning productions within the Community.
Audiovisual Sector in the Community
The Valencian audiovisual sector is marked by relatively small company sizes and a generally compact footprint compared with pre-crisis levels beginning in 2008. This characterization comes from reports by the Valencian Institute for Economic Research (IVIE) on the regional audiovisual landscape.
In 2019, the sector encompassed about 780 companies, accounting for roughly 7.8% of Spain’s total audiovisual activity. While this share is lower than the region’s potential—given the rich climate, natural and urban diversity, and a broad palette of settings—the area still presents a wide spectrum of opportunities. Infrastructure and services supported by Conselleria are designed to spur economic development and position Valencia as a hub for high-level audiovisual activity.
Industry observers note that these incentives are designed to foster ongoing production, facilitate access to advanced facilities, and attract both local and international agencies. The goal is to leverage local know-how and resources to keep pace with international practices in film, television, and digital media production.
A Regional Cluster and Growth Ambitions
Fifteen companies participate in an audiovisual cluster centered in Alicante, a sign of the region’s collaborative approach. Nuria Montes, Minister of Innovation, Industry, Trade and Tourism, emphasizes the government’s commitment to strengthening the autonomous production model. The aim is to nurture existing capacities and resources while encouraging new partnerships that bring in external expertise and technology to Valencia’s audiovisual ecosystem.
In her view, the audiovisual sector serves as a backbone for cultural cohesion across the region. It acts as a conduit for language and culture, a channel for knowledge exchange, and a vibrant arena for entertainment and social connection. These dynamics are integral to the broader strategy of regional development and cultural vitality.
Overall, the program seeks not merely to subsidize production but to stimulate sustainable industry growth. It aligns funding with measurable local impact, supports quality work, and strengthens Valencia’s reputation for creative excellence in the audiovisual field. This multi-faceted approach aims to attract talent and investment, cultivate domestic capacity, and position the Community as a competitive, culturally rich hub for the international market. (Cited from regional government communications.)
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