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£25,000 government grants for Video Games

Lara_CroftThe Government is to spend £4 million looking for the next Tomb Raider in a significant boost to Britain’s highly profitable video game industry.

Grants of up to £25,000 will support new video games projects, create jobs and nurture up-and-coming talent in the industry which generates some £4.5 million a day for the UK economy and employs 19,000 people.

Awards of up to £25,000 will be handed out to help new and young games development businesses create working prototype games.

Grants of up to £50,000 will be awarded to a limited number of projects to take their ideas beyond the prototype phase.

Grants will be provided to eligible companies with project plans where the team and title combination has potential and will benefit from the grant. Applications will be held in various stages online and will take four to six weeks to assess.

A video games company can also qualify for the UK video games tax credit

More information can be found on the official site


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