Abertay opens new £25k Prototype funding round

Abertay opens new £25k Prototype funding round
Craig Chapple

By Craig Chapple

June 24th 2013 at 12:30PM

Investment to support game developers looking to create new IP

The University of Abertay has begun calls for the latest round of its Prototype Fund for game developers.

The new funding round is calling for applications from existing companies that have already developed and released a game and are looking for investment to help reduce the risks of developing a new IP.

Successful applicants will receive £25,000, as well as the option to take advantage of studio space, high-end computers and industry-standard software.

The deadline for applications is July 17th.

“Britain’s computer games industry is exceptionally talented, but it can be difficult for companies to secure enough money to finance the development of new games,” said Abertay University director of business development Paul Durrant.

“To build a successful, sustainable business it’s essential that teams can develop and release their own intellectual property, rather than relying on work-for-hire for larger companies or licensing brands from partners.

“Receiving up to £25,000 from the Abertay University Prototype Fund is a risk-free way of testing out a new idea, getting some initial feedback from customers and potential investors, before looking to scale up development to release a completed product.”

The Abertay Prototype Fund is supported by investment from Abertay University, the European Regional Development Fund administered by the Scottish Government, and UK Government funding administered by the Department for Business Innovation and Skills.

To date almost 70 companies across the UK have benefited from the scheme.

For more information and to apply, visit the official website.