02 Apr Fifteen projects benefit from £4million UK Games Fund
The UK Games Fund which has to date handed out more than 55 grants of up to £25,000 each has seen fifteen new projects benefit from its work.
Fifteen projects including mobile, PC, console and VR games across the UK have been selected in the third round of funding and will now receive grants to develop their prototypes.
Recognising that many small businesses lack the capital to help develop their ideas and attract private investment, the Fund invites businesses to apply for grants to take current projects and make them into working prototype games.
Minister of State for Digital and Culture Matt Hancock said:
“I am proud of our global reputation for excellence in games development and hope this cash boost helps these projects become the leading games of tomorrow.”
The £4 million UK Games fund was set up to further growth, nurture talent and provide additional support to the sector which is recognised globally for its creativity and skill.
Paul Durrant, Managing Director, UK Games Talent and Finance CIC said:
“Interest in the UK Games Fund has continued at exceptionally high level, reflecting the potential of this sector to continue to contribute to future economic growth.”