The Busan International Film Festival is partnering with YoukuTudou’s Youku , China’s largest online video site, to support up-and-coming Asian filmmakers. The talent incubator initiative, dubbed “Asia’s Masters and Newcomers Project,” is designed to help unearth and promote emerging Asian filmmakers. Youku founder and CEO Victor Koo will sign a memorandum of understanding with BIFF organizers on Saturday during the South Korean film festival, which opens Thursday. For three years, starting in 2015, four first-time directors and four experienced directors will receive a grant to create shorts under the initiative.