Act No 304/2019 amending Act No 516/2008 on the Audiovisual Fund and amending certain acts, as amended, and amending Act No 40/2015 on Audiovision and amending certain acts entered into force on 1 January 2020. The aim of the act is to increase competitiveness in the support system for the audiovisual industries in Slovakia and accelerate the economic stimulus for private investments in the audiovisual sector with a significant impact on the development of the economic environment concerned. One of the most important changes introduced by the act related to applications for support from the audiovisual industries. The fund will now support grant applications from the audiovisual industry up to 33% of eligible expenditures incurred in the implementation of a film project instead of 20% under the previous legislation. It is common in European countries for the audiovisual industries to be supported by "refunds" intended to motivate producers to carry out their film projects in a particular state, which reimburses them a part of the amount that they invested in the state after the completion of the project.
Since this is a new measure in effect since 2020, its results will only become evident at a later date. It is expected to have a positive effect on the audiovisual industries in Slovakia.
The documentation for the second periodic report included the measure "Promotion and development of audiovisual culture and industries". The Audiovisual Fund continued these activities in the years 2016 to 2019.
In 2016 the AVF provided funding in all the areas that it supports amounting in total to EUR 7,691,987 whereas state funding for the AVF amounted to EUR 4,912,599. In 2017, the AVF paid out a total of EUR 12,588,880 in support and it received a contribution of EUR 5,468,292 from the state budget. In 2018, the AVF provided a total of EUR 10,714,807 in support and it received a contribution of EUR 6,779,387 from the state budget. In 2019, the AVF paid out a total of EUR 10,265,109 in support and it received a contribution of EUR 7,185,092.25 from the state budget.
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Public Sector
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Since this is a new measure that came into effect in 2020, no evaluation has yet been carried out.