Chinese superstar Jackie Chan and the Cannes Market have created an RMB1 million ($165,000) prize for the Chinese filmmakers taking part in the Cannes festival’s 3rd New Chinese Film Talents Forum.

The money comes from Chan’s Project A: Young Filmmaker Development Fund. The financial prize is specifically to be invested in the costs of the production of the winning director’s new project. The forum is in its third year and this year is host to eight young directors.

The eight get to pitch their projects at a session May 18 at the Olympia Cinema in Cannes. The winning project will be announced on Tuesday (May 19) at the Marche’s NCFTFF Press Conference at the Majestic Hotel.