The Economic Incentives for Culture are the first financing policy of the Peruvian State addressed to cinematographic and audiovisual projects, as well as to the performing and visual arts, music, books and the promotion of reading. This policy is established in Law No. 26370 (Law of Peruvian Cinematography) and Law No. 30879 (2019 Public Budget Law), which authorizes the Ministry of Culture to grant this type of incentives for the year 2019.
This State policy allows us to draw attention to the initiatives of creators, managers, producers, and citizens from all over the country, as well as to strengthen the value chain (creation, training, pre-production, production, and access) of the cultural industries and the arts in the country, from a perspective of inclusion and expansion of the cultural offer.
This policy is reported as a measure to support sustainable systems of governance for culture because it aims to promote and encourage the activity at all the stages of the value chain of the cultural and creative industries, improving the working conditions in the creative sector, reducing inequality through the promotion of the cultural participation of various sectors of society, and opening new spaces for training, expression and meeting through artistic creation.
In the 2019 edition of the Economic Incentives for Culture, 37 national competitions related to the cultural industries and arts were conducted, resulting in 2,228 projects submitted nationwide and 14 applications from Peruvians abroad, declaring 358 projects as winners
USD 7,353,074.00 per year as of 2019
After the first edition of the Economic Incentives for Culture (2018), we identified a first challenge to expand decentralization and improve the preparation of projects. For this reason, during 2019, 45 workshops on the preparation and presentation of projects were given in various cities of Peru.
The workshop proposal generated an immediate impact in 2019, improving the quality of the applications, but it also led to a higher proportion of applications from regions outside Lima. A 40% increase was perceived over the total number of projects submitted from 2018 to 2019.
Some pending works identified for the following editions have to do with improving the virtual application platforms and achieving a greater decentralized reach.