The government yesterday launched Create Hong Kong, a one-stop service it hopes will nurture the creative industries.
The office will fund projects such as overseas exhibitions, turning heritage sites over to creative uses and fostering small firms.
Among its first tasks will be the approval of projects that subsidise internship programmes and funding of rent for small start-ups.
Alan Siu Yu-bun, the deputy secretary for Commerce and Economic Development who will temporarily head the office, said: 'Instead of asking various departments for support, the creative industries, such as the advertising and architectural sectors, will enjoy the one-stop service offered by the office.'
An independent vetting committee of about 50 people drawn from various professions and academia will be established within two months to approve project funding.
The Legislative Council allocated HK$300 million to the office last month. There is no funding ceiling for individual projects, but those above HK$10 million will require the approval of lawmakers. Projects that are already covered by existing funds for film and design are not eligible.