The NFVF through the Presidential Employment Stimulus Programme (PESP) is tasked to administer the process of sector recovery and employment creation for the audio-visual industry due to the aftermath of the COVID-19 pandemic. The programme aims to assist practitioners, companies and projects that incurred losses (actual and planned/existing, new and those that were at concept stage) during the COVID-19 lockdown period. The call also aims to support the sector through continuous skills development; focusing on the skills the sector deems scarce.
A total of R140 million will be administered by the NFVF, and allocated as follows:
Objective 1: Creation of new employment opportunities: R100 million
Objective 2: Retention of employment opportunities; R40 million