Feb. 19, 2024
Hong Kong will offer more than $1 million per project to film coproductions with Europe under a new grant scheme to be launched this week at the European Film Market in Berlin.
HK - Hong Kong is taking a
significant step in fostering collaborations with European filmmakers. The Hong
Kong-Europe-Asian Film Collaboration Funding Scheme has been launched,
extending the existing Hong Kong-Asian program that began in January last year.
Under this new grant scheme, Hong Kong will provide more than $1 million per
project for film co-productions with Europe. The initiative aims to offer
additional support amidst the challenging developments in the film industry.
Filmmakers from Hong Kong,
European countries, and/or Asian countries are invited to participate. The
scheme encourages the development of common ideas, fosters new talent
partnerships, and supports film projects. Each successful film project can
receive a grant of up to HK$9 million (approximately $1.1 million), depending
on the size of the film’s production budget. Projects with budgets below this
ceiling could be fully funded by the grant, while those with higher costs would
need to source the balance from other public or private sources.
Dr Wilfred Wong, Chairman of the
Hong Kong Film Development Council, expressed enthusiasm about extending
collaboration into Europe. He stated, “This scheme aims to provide funding for
film projects co-produced with filmmakers from European and Asian countries,
enhancing their exposure in international markets and fostering in-depth
exchanges and mutual learning.”
The delegation visiting Berlin
includes producers Debbie Lam, Jacqueline Liu, and Saville Chan, along with
writer-directors Sasha Chuk and Chan Tai Lee. This initiative promises exciting
opportunities for cross-cultural cinematic endeavours.
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