Investing in the creative industries

 

The Wales Creative IP Fund is transforming film, TV, new media and music production in Wales.

 

Finance Wales manages the £10 million IP Fund on behalf of the Welsh Assembly Government. The IP Fund acts as a gap financier, working alongside finance you have already secured from other funding providers.

 

Read about some Wales Creative IP Fund investments.

 

Applying to the Wales Creative IP Fund

 

The Wales Creative IP Fund operates on a commercial basis. Typically we can invest from £50K to £700K in any one project. To apply you must demonstrate:

  • you have secured a minimum of 60% of your budget from other sources
  • your project has an economic benefit to Wales; a proportion of your budget must be spent in Wales
  • you have a commercial proposition with a reasonable risk/reward ratio
  • you have a route-to-market, preferably with a distributor or sales agent on board

The Fund's aims

 

The Wales Creative IP Fund is part of the Welsh Assembly Government’s strategy for the creative industries in Wales. The IP Fund seeks to:

  • achieve a return on its investments
  • increase production activity in Wales
  • encourage Welsh production companies to be competitive
  • support producers, helping them create and retain intellectual property
  • develop skills and encourage on-the-job training
  • increase inward investment to Wales