(1) The Oregon Film and Video Office shall develop and implement a Creative Opportunity Program to make payments to entities for the creation and funding of projects described in subsection (4) of this section that promote the film, television, interactive, animation and media industries in Oregon.

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(2)(a) The office shall establish by rule the eligibility requirements and application process for entities seeking payments under the program.

(b) The rules must include, at a minimum, application forms, deadlines and any information and documents required to be included with an application, and may prescribe an application fee.

(3) The office may consult with local nonprofit organizations, public agencies, educational institutions, private partners, media production companies, small businesses and community organizations when reviewing and approving or rejecting applications for payments under the program.

(4) The creation and funding of the following projects are eligible for payments under the program:

(a) Grants for individuals and production projects;

(b) Fund matching;

(c) Investment in development and production;

(d) Mentorship programs;

(e) Project and talent incubation;

(f) Mutual aid;

(g) Creator and storyteller support;

(h) Diversity and inclusion initiatives;

(i) Educational programming;

(j) Workforce development;

(k) Regional production development; and

(L) Industry-related small business growth stimulus. [2022 c.75 § 2]