This is the second phase of the co-production funding scheme launched after Hong Kong-Asian Film Collaboration Funding Scheme. The objective of the Scheme is to subsidise film projects co-produced by filmmakers between Hong Kong and European/Asian countries with a view to enhancing exposures of such collaboration in European/Asian and international markets as well as achieving in-depth exchanges and mutual learning.
The co-production funding scheme has divided into two phases. A maximum of eight films will be subsidised. Each approved film project will receive a grant up to HK$9 million1 (approximately US$1.1 million). This Scheme only accepts applications for feature-length narrative films and feature-length animation.
1 Each eligible film project will receive a grant equaling to the production cost if the production cost is no more than HK$9 million, or HK$9 million if the production cost is more than HK$9 million. In the latter circumstance, the Applicant is responsible for soliciting other investment to top up the excessive production costs.