Support for SMEs
Government Funding Schemes
Film Development Fund
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Objective
To fund projects and activities which contribute towards the development of the Hong Kong film industry, including:
- part-financing small-to-medium budget film productions;
- enhancing efforts to promote Hong Kong films in the Mainland and overseas;
- enhancing initiatives to train talents in various aspects of film production and distribution; and
- enhancing the interest and appreciation of Hong Kong films by the local audience.
Details
Hong Kong-Europe-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 learning.
- A maximum of eight films will be subsidised in two phases. Each approved film project will receive a grant up to HKD9 million.
Film Financing Scheme for Mainland Market
- The objective of the Scheme is to support Hong Kong film companies and the Mainland cultural enterprises to invest in and promote the productions of Hong Kong directors. This will help boost the chance of Hong Kong films for release in the Mainland market and nurture more Hong Kong directors to enter the Mainland film market.
- Approved film projects must be theatrically released in Hong Kong. If they are successfully released in the Mainland cinemas, they will receive a government finance of HKD10 million. If the film project ultimately fails to be released in the Mainland cinemas or streaming platforms, the amount of government finance will be reduced correspondingly.
Film Production Financing Scheme 2.0
- The Government launched the Film Production Financing Scheme 2.0 starting from 15 January 2025 with a view to continue providing subsidies and incentives to film projects with a production budget not exceeding HKD25 million, thereby promoting the sector's long-term development.
- The Financing Scheme 2.0 will not be time limited. It will retain and optimise several facilitation measures, including:
(i) increasing the Government's maximum financing amount from HKD9 million to HKD10 million. All applications with passing scores will be provided with the maximum financing amount, i.e. 40 per cent of the approved production budget, with a cap of HKD10 million;
(ii) disbursing funding at an earlier stage, the amount of government funding received will increase from 50 per cent to 70 per cent upon commencement of the principal photography to improve the cash flow for production;
(iii) increasing the quota for applicants and main financiers from two to four; and
(iv) giving investors priority to recover half of their investment to encourage investment and reduce risk.
Eligibility and Requirement
- Film production companies formed and registered under the Companies Ordinance (Cap.622) or the predecessor Ordinance (as defined in section 2 of Cap.622).
- Please visit the Scheme's website for the respective eligibility and requirements.
Application Procedure
Please visit the Scheme's website for the application periods and application procedures.
Implementation Agent
Hong Kong Film Development Council
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