The state fund provides money for the development, production, distribution and promotion of Czech films.
Film-makers hope the increase will help them participate more equally with foreign partners in co-productions.
The Czech Republic still lacks a stable government since parliamentary elections in June resulted in a left-right stalemate. A new cabinet being assembled by Prime Minister Mirek Topolanek may face a vote of confidence as early as January.
Topolanek has previously promised to create a comprehensive film law to address the needs of filmmakers in the Czech Republic, and with coalition partners plans an increase in subsidies to the industry.