Wrapbook, an AI platform that manages production payroll, expenses, and accounting, announced a program that will award up to four grants of $200,000 each, totaling $800,000, to eligible film and television productions filming in the United States.
The program is designed to directly support productions filming in the country, and the company says it reflects “Lapbook’s deep commitment to sustaining the local staff 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, and the people who show up every day to create something out of nothing. This grant program reflects that mission,” said Ali Javid, CEO of Wrapbook. We want great work to be filmed here, and we’re proud to put the money to back up that belief. ”
Each grant helps offset costs and allows financial executives to allocate resources to make supported films even better on screen, according to Lapbook.
To be eligible, a production must have a production budget of $15 million or more. Productions must be shot in the United States, and films must commit to using Wrapbook for all payroll services for the duration of the project.
Production finance executives can access the grants page set up by Wrapbook to submit applications. Applications are reviewed regularly.
Wrapbook is backed by Andreessen Horowitz, Bessemer Venture Partners, and Jeffrey Katzenberg’s WndrCo. Customer companies include Netflix, Paramount, and Anonymous Content.
