Video game start-ups vie for £50,000 boost

Emerging games companies in the South West of England have started applying for a new £1m package of support designed to boost them up to a higher level.

Unveiled last month by Creative England, the package of funding, workshops and business expertise is geared towards helping gaming firms in the area with their development and intellectual property.

In particular, the so-called GamesLab programme will support the firms by focusing on both their creative and commercial potential, with two distinct opportunities to gain grants and know-how.

The first round, The Development Fund, is now available for small and medium-sized enterprises seeking funds of between £10,000 and £50,000 to completely develop a new Game IP for commercial release.

The second round, The Prototype Fund, will be on offer next year to start-up businesses seeking a grant of up to £10,000 to develop a prototype that, upon completion, can be pitched to external investors.

Applications for round one must be received no later than Monday September 16th, with those entrants which get shortlisted to be invited back to pitch their project to the GamesLab panel in October.

Gaming studios interested in being considered for the grants will have their applications matched against a range of criteria, such as innovation, potential for growth, and commercial viability.

 

10th September 2013

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