Overview
- The government launched its Games Growth Package with applications opening Tuesday through the UK Games Fund.
- The fund offers three tracks that target different stages of development with grants up to £20,000 for Entry, £100,000 for Emergent prototyping, and £250,000 for Expansion to finish games and scale studios.
- The government also committed £1.5 million to the London Games Festival over three years to attract investors and spotlight UK talent.
- Officials said the package doubles public funding for the sector under the Creative Industries Sector Plan to spur jobs and economic growth.
- Complementary steps include existing games tax relief, added support from the British Business Bank and UKRI, a separate £20 million for the Tay Cities Region, and endorsements from Ukie and TIGA highlighting easier access to finance for small studios.