Games industry to be awarded hard cash money
July 10th, 2008 @ 06:12
Margaret Hodge - Minister for Culture, Creative Industries and Tourism in the UK - has intimated that some of the £10 million the Technology Strategy Board annually awards tech innovation will be heading the way of the gaming industry this year.
“We’ve worked really, really hard to try and ensure that across Government people recognise that the innovation that takes place in the games industry needs the same recognition and support that is given and takes place in traditional industries - whether it’s automotive, pharmaceutical and so on,” she said.
“And we’re getting somewhere. For example, the Technology Strategy Board, which gives money to innovation, is now for the first time giving £10 million to support innovation in the games industry - there are three strands in that, and videogames is featuring very strongly in the applications received.”
Just who gets what and how much will be be announced shortly.
Thanks, GI.
By Mike Bowden
Posted in: Development, UK
Tags: Creative Industries and Tourism, Minister for Culture, Rt Hon Margaret Hodge MP, Technology Strategy Board
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July 10th, 2008 at 9:57 am
Ridiculous! Instead of a level playing field with tax breaks for all, a select few will get receive hand-outs for ‘innovation’. The ‘innovation’ probably being supporting government policy.
July 10th, 2008 at 10:56 am
Unless they do some tax breaks then it’s game over for a lot of UK development, 10 million quid would be really nice in my current account but it’s peanuts for the UK games industry and it’s only some of it heading that direction anyway.
July 10th, 2008 at 11:07 am
That’s £10m for all tech industry. So whatever the games industry gets, it’s nothing compared to what it really needs.