Hong Kong Launching Film, Streaming Production Support Schemes

is launching two new film and streaming support schemes, one for cross-border productions, the other for development of streaming content. The maximum total value of the two schemes is $15 million.

The Hong Kong-Asian Film Collaboration Funding Scheme will subsidize film projects co-produced by filmmakers between Hong Kong and Asian countries. A maximum of eight films will be subsidized in two phases. Each eligible film project will receive a grant up to HK$9 million .To qualify, a project will need at least one of three key jobs be from Hong Kong and one other to be from an Asian territory.

Together with the script development fee, each winning team will be awarded a total of up to $5.7 million in total. A maximum of eight winning teams will be subsidized. Each winning team may top up the investment through other finance deals that help it complete the project.

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