We have a number of projects to support talent and titles. We’ll support talent through challenge-based competitions for graduates and students allowing them to showcase new games. We’ll support titles through a new prototype grant fund and we’ll be looking into other funding support measures for the games industry too.
A new £4 million fund to help boost the UK’s growing video games industry has been launched by Government.
Aimed at helping smaller companies get concepts off the drawing board and into production, the fund will provide additional support to the sector which has already given the world global blockbusters like Tomb Raider, Little Big Planet, Runescape, Monument Valley and Batman: Arkham Knight.
Over the four years from 2015 to 2019, the Video Games Prototype Fund will offer grants of up to £25,000 to support video games projects, as well as creating jobs, nurturing talent and furthering the growth of games clusters all around the UK.
The UK’s video games industry currently generates more than £4.5 million* a day for the UK economy and directly employs more than 19,000 people. It’s undoubtedly one of our biggest success stories and this Fund will help young companies to raise the private investment necessary to see a concept turned into a finished product, helping to maximise the contribution to economic growth this sector is already delivering.
Key features of the fund include:
- Grants of up to £25,000 to help new and young games development businesses create working prototype games.
- Grants of up to £50,000 for a limited number of projects to take their ideas beyond the prototype phase.
- Talent development initiatives – this will include competitions for students and graduate teams to create and showcase new games, mentoring for businesses and individuals, and opportunities for talented individuals to work on games prototype projects.