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£25,000 funding call for UK’s computer games companies

For immediate release: Monday 24 June

Computer games companies based anywhere in the UK can access up to?25,000 in the latest round of the University of Abertay Dundee’s Prototype Fund.

The Prototype Fund has supported almost 70 companies based around Britain, as far afield as Brighton, Manchester, Glasgow and Dundee.

The investment round closes on 17th July– applications are now open at http://prototypefund.abertay.ac.uk.

This latest round of support is calling for applications from existing companies that have already completed and released games, but may be looking to develop a new intellectual property and need investment to reduce the business risk.

Paul Durrant, Director of Business Development at Abertay University, said:“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.

“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.”

Interested applicants will also be able to meet members of Abertay’s Prototype Fund team at the Develop Conference in Brighton at a lunch on Tuesday 9th July for companies to learn more about making a successful application.

Interested parties should contact the Prototype Team on prototypefund@abertay.ac.uk to find out more.

As well as improving access to funding in an environment where bank loans can be very difficult for young companies to secure, funded companies have the option of studio space, high-end computers and industry-standard software in Abertay University.

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

For more details and to apply please visit http://prototypefund.abertay.ac.uk

(Ends)

For media enquiries, please contact Chris Wilson (Communications Manager)– T: 01382 308522 M: 07837 250284 E: chris.wilson@abertay.ac.uk

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