0Sign inorRegisterto rate and replyShow all comments (6)Darren Adams Managing Director, ChaosTrend5 years agoWho are the management team in charge of UK Games Fund?That is an unknown atm, but it would be very interesting to see who does get the role. 5 years ago Here’s a link to those wanting more. http://ukgamesfund.com/ Edited 1 times. Last edit by George Williams on 12th October 2015 9:56am 0Sign inorRegisterto rate and replyDarren Adams Managing Director, ChaosTrend5 years ago This is good news of course, but I do wonder how they are going to set this up. One of the main bugbears of grant funding as I have found out is defraying; you usually have to spend all the money first, before you can put in to get anything back. I always thought it would have been better to have it in tranches on a milestone type system.But until they give further details on how it will actually work, I do hope they factor in the smaller companies and a think of a good way to help them take advantage of the fund. UK government’s Games Prototype Fund launches today£4 million to be distributed to studios over next four yearsDan PearsonMonday 12th October 2015Share this article Recommend Tweet ShareRelated JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games The UK’s Video Games Prototype Fund, which will allocated a total of £4 million in £25,000 grants over the next four years, launched today, taking over from the Abertay fund to help small and new studios turn ideas into working prototypes to take to the next stage of funding. The cash injection was announced as part of the UK government budget earlier this year and will also include access to mentoring and skills management alongside the direct funding. The fund will be managed by the UK Games Talent and Finance CIC, which was involved in GamesIndustry.biz’ GI Investment Summit at EGX in Birmingham last month. “We lobbied for this kind of support and we are pleased to see the Fund launch,” said UKIE CEO Dr Jo Twist. “It has enormous potential for the future of the UK games industry. Access to finance has been an on-going challenge for small and micro games businesses, and the financial support of the fund, as well as the mentoring opportunities that are provided, will open doors to a huge amount of unearthed games talent in the UK. Ukie is really proud to continue to support this project. It is one more step towards the UK becoming a world leader in games development.”Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesCEO says Paradox “can do better” as Q1 profits plummet”We are not satisfied with the quarter,” CEO Ebba Ljungerud saidBy Marie Dealessandri 18 hours agoStarbreeze’s Q1 losses shrink 95% to $505,000New CEO Tobias Sjögren says “the road ahead is clear” as Payday 3 is fully funded By James Batchelor 18 hours agoLatest comments (6)George Williams Owner Edited 1 times. Last edit by Darren Adams on 12th October 2015 12:55pm 0Sign inorRegisterto rate and replyMartin Darby Design Director, Strike Gamelabs5 years ago Who are the management team in charge of UK Games Fund? 0Sign inorRegisterto rate and replyTom Pickard Founder and Creative Director, Knifey Spoonie Games5 years ago At the Gi.biz investment summit Paul Durrant gave a short talk on the upcoming fund, it seems very interesting, one I’m keeping my eyes on as a small studio. 0Sign inorRegisterto rate and replyAnthony Gowland Director, Ant Workshop5 years ago It’s Paul Durrant, according to TIGA’s press releasehttp://www.tiga.org/news/press-releases/new-4m-prototype-fund-is-another-arrow-in-the-quiver-for-the-uk-video-games-industry0Sign inorRegisterto rate and replySign in to contributeEmail addressPasswordSign in Need an account? Register now.
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