2011 Annual Report

Page 40

Utah Film Commission

OVERVIEW The Utah Film Commission markets the entire state as a location for film, television and commercial production by promoting the use of local professionals, support services and Utah locations. The film commission is a client-driven program that serves international, out-of-state and in-state production companies, along with Utah support services and crew.

Motion Picture Incentive Fund The purpose of the Motion Picture Incentive Program (MPIP) is to encourage the use of Utah as a destination for the production of motion pictures, television series and made-for-television movies. The State of Utah provides financial incentives to the film industry so that the State is capable of competing successfully with other states and countries that offer film production incentives. The MPIP allows Utah to foster a strong local motion picture industry that will contribute substantially to improving the State’s FISCAL YEAR 2011 TOTALS* economy. The MPIP functions as a tax credit or cash rebate for approved produc- Features/Independents/Cable Features tions and operates on a post-performance Total Projects: 10 Total Production Days: 228 basis on expenditures that are made in the Economic Impact: $12,630,175 State. State Approved Rebate Percentages • Tax Credit: Up to 25% on dollars left in the State with no per-project cap • Cash Rebate: Up to 25% on dollars left in the State up to $500,000 per project • Cash Rebate: 15% on dollars left in the State up to $999,999 per project Dollars Left in the State Requirements • Minimum $1 million spend for the up to 25% incentive • Minimum $200,000 spend for the 15% incentive

Television Total Projects: 9 Total Production Days: 157 Economic Impact: $3,123,591 Commercials/Videos/Industrial/ Documentary/Shorts/Stills Total Projects: 57 Total Production Days: 88 Economic Impact: $620,000 Other Related Film Activities Sundance Film Festival: $70,800,000 Overview Total Projects: 77 Total Production Days: 483 Total Economic Impact: $87,173,766 *Projected These numbers reflect all production activity in Utah. The chart on page 40 lists incented projects only.

Governor’s Office of Economic Development • Annual Report • www.business.utah.gov

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World Trade Center Utah

2min
pages 74-75

USTAR Technology Outreach and Innovation Program Regional Offices

0
page 86

Utah Science Technology and Research Initiative (USTAR

5min
pages 66-69

Procurement Technical Assistance Centers

2min
page 84

Utah Fund of Funds

2min
pages 64-65

UGREEN

2min
pages 62-63

Governor’s Economic Development Coordinating Council (GEDCC

0
page 49

Manufacturing Extension Partnership

5min
pages 52-55

Office of Energy Development

1min
pages 56-57

Economic Development Corporation of Utah (EDCUtah

3min
pages 50-51

Small Business Development Center Network (SBDC

5min
pages 58-61

Utah Broadband Project

2min
pages 38-39

Utah Film Commission

5min
pages 40-43

Technology Commercialization and Innovation Program (TCIP

3min
pages 36-37

Corporate Recruitment and Incentives

4min
pages 18-21

Office of Consumer Health Services

6min
pages 24-27

Business Resource Centers: Entrepreneurial Development

2min
pages 16-17

Procurement Technical Assistance Centers (PTAC

2min
pages 30-31

Organizational Chart

2min
page 5

Governor’s Office of Economic Development Programs

0
pages 8-9

State Science Advisor

3min
pages 34-35

Governor’s Office of Economic Development Mission

1min
page 3
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