SETT allocates 1.712 million euros through the Spain Audiovisual Hub to strengthen the industry and promote innovation in the sector.
The Spanish Society for Technological Transformation (SETT), a public business entity focused on financing and investing in advanced technologies, will manage under a single direction a total of 16,000 million euros from strategic funds such as the PERTE Chip, the NextTech Fund, and the Spain Audiovisual Hub Fund. The latter, directed by María Coronado, allocates 1.712 million euros to strengthen the Spanish audiovisual ecosystem.
The objective is clear: to support the growth of the audiovisual industry and facilitate its adaptation to the digital environment, promoting its competitiveness and internationalization. This fund is especially focused on projects with a digital component such as OTT platforms, apps, video games, eSports, or virtual production environments, as well as cultural initiatives and the promotion of co-official languages.
The minimum amount per project is €500,000 and the deadline for operations committed before a notary is August 31, 2026. Financing channels include funds, equity, and debt, with SETT’s participation of up to 49% and a pari passu approach with the private investor. In addition, loans of up to 70% are contemplated, with repayment periods of up to 10 years.
From the APCP, we encourage our member production and post-production companies to explore this financing channel, which seeks to foster the growth, competitiveness, and internationalization of the sector. A key opportunity to boost innovation, content creation, and technological development in the national audiovisual sector.
