The Prague Film Fund was founded in 2016. Its establishment was approved by the City Council of Prague on September 15, 2016, and the fund was entered in the register on December 16, 2016.
In 2022, the fund was renamed as the Prague Audiovisual Endowment Fund.
The funds allocated for the endowment fund in 2016 and 2017 amounted to 10 million crowns, in 2018 the fund received 30 million crowns, a year later it received no donation.
The fund received a donation of 10 million crowns from the city in 2020, and 8.5 million crowns in 2021. The Prague Audiovisual Endowment Fund received a donation of 3 million crowns this year.
The endowment fund provides financial resources for films and series formats intended for foreign distribution in cinemas, via television broadcast, telecast or video on demand service.
Essential condition: Prague in the filmed project really represents Prague.
The fund aims at supporting a positive presentation of the City of Prague abroad via film and television, attracting film and television projects with marketing potential and their utilisation for promotion of the City of Prague, and profiling the City of Prague as a film-friendly destination which is aware of the benefits of audiovisual production.
The Administrative Board takes into account, in particular, the benefits for presentation of Prague abroad in terms of the topic and role of Prague in the audiovisual project. The following criteria are essential: the importance of Prague and the way of depicting the city in the work, the number of shooting days at locations in Prague and the value of the motifs/specific sites (in terms of tourism, culture, history, architecture). Of importance is also the scale of distribution outside of the Czech Republic and the marketing potential of the project in terms of the tourism industry.
BODIES OF THE FUND
David Havaš (Chairperson), Eliška Kaplicky Fuchsová, Ondřej Chrást, Soňa Kodetová, Ivana Novotná, Petr Slepička