Stockholm is raising its offer towards the production industry with a new public film fund, named Film Capital Stockholm. The purpose is to attract more professional film productions to Stockholm. The fund will have a SEK 15 million in seed capital, with the goal of increasing its size over the next few years. It will be an excellent complement to the region’s existing investment platform of both private and public capital for films. A Fiction tourism initiative will be launched at the same time in Stockholm.

Stockholm has the potential to grow as an attractive film region in Europe. Production companies interested in Stockholm can receive co-financing from both private and public film funds. And the new public film fund will add to the offer.

“Stockholm aims for more international film productions. A public film fund has several positive effects for the region, including terms of cultural policies, by making it easier for filmmakers to share their story, and the story about Stockholm. It creates more economic growth in the city and more jobs in film and related industries. In the long term, it will be part of the marketing of the city, says Roger Mogert (S) Vice Mayor of Stockholm, Commissioner of the City Planning and Culture Division, and Chairman of Filmregion Stockholm-Mälardalen.

Stockholm has a great deal to propose in terms of settings and expertise. The city offers both modern and medieval urban settings and a backdrop of both parks, forest, lake and sea. Stockholm is internationally recognized as one of the most knowledge-intensive and innovative regions in the world. The people in the industry are used to working with major international film companies, due to the numerous commercials produced in the region annually. The city has four film studios and several post-production companies, plus recording studios for music and effects. It is the center of Sweden’s film industry. The capital city is home to 80 percent of all advertising production and most film industry professionals.

Read the full story: stockholmbusinessregion.se
Photo: Ola Ericson/ Sweden.se