Wrapbook, an AI platform for managing production payroll, spend, and accounting, has unveiled a program offering up to four grants of $200,000 each, totaling $800,000, to qualified film and television productions filming in the United States.
The program is designed to directly support productions committed to filming domestically, which the company says reflects, “Wrapbook’s deep commitment to sustaining the local crews and communities that are the backbone of the American entertainment industry.”
“We built Wrapbook to serve the people who make film and television: the storytellers, the production teams, the crews who show up every day and make something out of nothing. This grant program is a reflection of that mission,” said Ali Javid, CEO of Wrapbook. We want to make it easier for great productions to film here, and we’re proud to put our money behind that belief.”
Each grant will help offset costs and enabling finance executives to allocate resources to making the films they back even better on screen, Wrapbook said.
To be eligible, productions must have a production budget of $15 million or higher. Production must shoot in the United States and the film’s have to make a commitment to use Wrapbook for all payroll services for the duration of the project
Production finance executives can visit a grant page that Wrapbook has set up to submit an application. Applications are reviewed on a rolling basis.
Wrapbook has backing from Andreessen Horowitz, Bessemer Venture Partners, and Jeffrey Katzenberg’s WndrCo. The companies clients include Netflix, Paramount and Anonymous Content.
Source: variety.com
