132. Design is an integral part of the creative industries. I have earmarked $100 million to support the operation of the Hong Kong Design Centre (HKDC) for the coming three years, and to finance two anchor events, namely Business of Design Week and Hong Kong Design Centre Awards. Besides, we shall allocate new resources for a new round of the “Design Incubation Programme” launched by the HKDC. The programme offers management, marketing, financial, facility and other professional support services to design start-ups during their two-year incubation period.
133. Designated as Hong Kong Design Year, 2012 will feature a number of large-scale design activities for the promotion of Hong Kong design. We shall collaborate with the design sector, sponsor some of the signature events through the CreateSmart Initiative, and encourage the sector to showcase their excellence.