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Pot of cash is a creative windfall
A FUND to invest in creative projects has been announced by Screen Yorkshire.
The Yorkshire Content Fund has secured £7.5m from the European Regional Development Fund which will be matched by private sector investors on a project-by-project basis.
The £15m fund will invest in creative projects by Yorkshire-based companies as well as being used to attract productions looking to establish a base and film within the region.
Sally Joynson, chief executive of Screen Yorkshire, said the cash was welcomed.
She said: “The Yorkshire Content Fund marks a new era for the region’s creative businesses and for Screen Yorkshire as an organisation. These are difficult times and access to capital is still limited so to secure such a major pot of investment for the creative industries in Yorkshire and Humber is an incredible win for the region and for Screen Yorkshire.
“The fund will also create hundreds of jobs across the supply chain, which is so critical at the moment.
“I’m sure Yorkshire can now continue to create great content and to build on its legacy of film and TV productions.”
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Saturday 26 May 2012
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