THURSDAY, JUNE 27, 1991
13
REVAMPED MATCHING GRANT SCHEME INTRODUCED
THE MAXIMUM GRANT FOR EACH PROJECT
UNDER THE
BEEN HAD
MATCHING
GRANT
RAISED
FROM
BUSINESS AND ARTS
THE
PERFORMING
ARTS
YEAR 1991-92 SCHEME (MGS) FOR THE FINANCIAL $50,000 TO $100,000 TO MAKE IT MORE ATTRACTIVE TO
THE
FOR COUNCIL GROUPS, THE VICE CHAIRMAN OF (CFPA), MR PETER WOO, SAID TODAY (THURSDAY),
TO
DETAILS OF INTRODUCE
WOULD CONTRIBUTE
RAISED BY
THE
THE
SPEAKING AT A PRESS CONFERENCE REVISED SCHEME, MR WOO POINTED OUT THAT THE COUNCIL
SPONSORSHIP ONE DOLLAR FOR EVERY DOLLAR OF BUSINESS APPLICANT, UP TO A MAXIMUM OF $100,000 PER APPLICATION.
POINTED
OUT
ΤΟ
RECURRENT
MGS WOULD BE EXTENDED THAT THE MR WOO
RECEIVED ALREADY WHICH PERFORMING ARTS ORGANISATIONS FINANCIAL SUPPORT FROM PUBLIC FUNDS.
"FOR
GROUPS, THESE
COUNCIL THE
TO
WILL NOW
BE
PREPARED
THE GROUP
A DOUBLE
SATISFY CAN SUBSIDY FROM
PUBLIC
THE
CONTRIBUTE ONE DOLLAR FOR EVERY THREE DOLLARS OF BUSINESS SPONSORSHIP,
IS ELIGIBLE AND PROVIDED THE PROJECT COUNCIL THAT THIS WILL NOT RESULT IN FUNDS, HE SAID.
HE
IN ORDER THAT MORE ARTS GROUPS CAN BENEFIT FROM THE SCHEME,
WOULD BE ORGANISATIONS SAID THE NUMBER OF GRANTS TO INDIVIDUAL ARTS LIMITED TO TWO IN A FINANCIAL YEAR.
"NO RESTRICTIONS ARE SET ON THE NUMBER OF AWARDS IN RESPECT SPONSORSHIP BY ANY ONE BUSINESS," MR WOO SAID.
OF
INCLUDE DEVELOPMENT
ON
"THE SCOPE OF ELIGIBLE ACTIVITIES HAS BEEN EXTENDED TO
PROMOTION AND PROJECTS WHICH DIRECTLY CONTRIBUTE TO THE OF THE PERFORMING ARTS IN HONG KONG, SUCH AS WORKSHOP AND SEMINARS SUITABLE TOPICS.
"PREVIOUSLY, ONLY ACTUAL PROGRAMMES WERE ELIGIBLE FOR GRANTS," HE ADDED.
MATCHING
THE BENEFITS
IN ADDITION, GREATER EMPHASIS HAD BEEN PLACED ON TO THE BUSINESS SPONSORS UNDER THE REVISED SCHEME, HE SAID.
"THE MATCHING GRANT MUST BE USED TO IMPROVE THE PROJECT TO THE SPONSOR RATHER THAN TO MEET A DEFICIT,
THE AT
PRESS
VALUE OF THE MR WOO SAID.
FOR THE SECRETARY CONFERENCE, ALSO SPEAKING
ARTS GROUPS AND RECREATION AND CULTURE, MR JAMES SO, URGED BOTH THE
ΤΟ BENEFITS
GAINED BE THE BUSINESS COMMUNITY TO EXPLORE THE MUTUAL FROM ARTS SPONSORSHIP.
"THE DEVELOPMENT OF THE
ARTS, IS A COMMUNITY
ARTS, IN PARTICULAR
AND RESPONSIBILITY
THE THE REQUIRES UNIFIED EFFORTS OF BOTH THE PUBLIC AND PRIVATE SECTORS,
14
/HE SAID
PERFORMING
JOINT AND
MR SO SAID.