Recent developments indicate positive trends within the industry and growth opportunities for firms engaged in production and post-production services, including:
- In 2016, the GoG’s Enterprise Georgia introduced a Cash Rebate Program, which began in January 2016, for feature film production in Georgia, which offers a 20% rebate of qualifying expenses and an additional 2-5% for including Georgian elements to film producers. The incentive has already attracted 10 productions, out of which 9 have been completed, 1 film is still in the production stage. The accumulated spending of all of these productions has amounted to more than GEL 17,000,000 and 1,850 local stuff employed.
- On February 24, 2015, Georgia joined the “Creative Europe Programme” in Brussels, making it the 1st Eastern Partnership country to join the program after hosting an Eastern Partnership Ministerial Conference in Tbilisi in 2013.
- Through the recently implemented EU initiative “Digital Single Market”, Georgian filmmakers can access larger audiences, which can also stimulate an increased demand for both productions and post-production services.