Austria’s Pont Pictures Offers Free Gap Financing for European Co-Productions via State Incentives (EXCLUSIVE)

Specializing in European co-productions, Vienna-based boutique shingle Pont Pictures is spearheading an innovative initiative to boost international collaborations by leveraging Austrian film funding incentives.

Pont Pictures head Philipp Mair Vargas has unveiled a model that utilizes the 60% co-production incentive offered by the Austrian Film Institute’s ÖFI Plus subsidy program to help filmmakers overcome what he describes as one of the most significant challenges in independent filmmaking: closing their financing gap.

By strategically allocating and relocating production costs to Austria, Mair Vargas promises that 60% of the Austrian spend can be covered by the national incentive program even without actual shooting days in the country. Instead, filmmakers can

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