European Commission to invest €1.5 million in games

  • Posted September 13th, 2007 at 05:19 EDT by

The European Commission has set up a fund to help game developers by contributing to their funding. The fund, worth €1.5 million, will allow new games being developed in the EU to claim up to €100,000 in financial help, and game already in development to claim between €10,000 and €60,000.

The fund is the first time developers in the EU have received such high level support, and the move was supported by the European Games Developer Federation (EGDF), a lobbying group which represents game developers. The EGDF said the games industry has finally "been recognized as increasingly economic and culturally important factor, whose special needs must be considered".

Developers can find more information on the EC's site here and the EGDF's site here.

Source: Spong

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