Slingshot Productions Ltd announces the first close of its EIS film fund at over £500,000.
The fund, Slingshot Films Ltd, was created to invest in a slate of three to five micro-budget feature films produced by Slingshot Productions. Investors benefit from tax relief under the Enterprise Investment Scheme (EIS) and a production tax credit to the value of 20% of each production budget.
A second close is anticipated in the summer targeting a total fundraise of £750,000. For more information about investing in the EIS fund please contact Henry Fyson (0870 909 6333).