Mayor Kasim Reed today announced the new Creative Industries Fund, a joint project between the Mayor’s Office of Film and Entertainment and Invest Atlanta to assist independent content creators and creative entrepreneurs in the city of Atlanta. The program offers loans with low interest rates and flexible repayment terms for local creative entrepreneurs to use for production, post-production, distribution, marketing outreach, touring, prototype development, product development and sales and attraction for their creative projects.

Applications for the Creative Industries Fund are open to independent content creators and creative entrepreneurs operating within the city of Atlanta who plan to create within city limits, independent content creators and creative entrepreneurs registered as a business within the city and independent record and management companies operating within the city.

“To ensure our city’s creative industries thrive for years and decades to come, we need to support our homegrown artists who are creating the next box office smash, hit music track, or top-rated video game,” said Eloisa Klementich, president and CEO of Invest Atlanta. “The Creative Industries Fund gives us a new tool to create jobs, retain our top creative talent, and strengthen Atlanta’s reputation as a global entertainment capital.”

Applications for the Fund will be made through Invest Atlanta; a new Creative Industries Advisory Board will review the applications and make funding decisions. Awards will be made through Invest Atlanta, which will report on all approved awardees to the Invest Atlanta Economic Development Committee.