Government Allocates £5m for Game Development in Boost to Creative Industries
Posted in Industry
Funded by the UK Government, the UK Games Fund – Content Fund has been established to support ‘commercial games-for-entertainment’ studios wishing to scale-up their operations.
The scheme will support the development of intellectual property, allowing video games companies to attract investment and reach their next stage of growth.
The aim is to create new jobs in the creative industries, which are part of the Government’s five priority sectors to grow the economy.
Over the next 18 months, £5 million is available to get games ready for release. Individual grants of between £50,000 and £150,000 will be awarded. Eligible costs include staff and contractor fees for hands-on development activity.
The Fund is open to UK-based independent games development studios seeking funding for UK-based development staff and contractors.
Applications are currently open on a rolling basis.
To find out more go to: Home – Content Fund (ukgamesfund.com)