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German games fund to offer government support for up to 50% of dev costs
The German government has revealed a major funding programme for the national games industry, which will allow companie…
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The German government has revealed a major funding programme for the national games industry, which will allow companies to claim back as much as 50% of development costs.
The programme was confirmed by German federal minister Andreas Scheuer to coincide with the start of Gamescom 2020.
A pilot version of the fund has existed since June 2019, but developers were limited to grants of a maximum of €200,000, pending approvals by German and EU governing bodies.
With those approvals secured, the fund is now suitable for "small- and large-budget games." Companies will be able to submit applications for a "non-repayable grant" from September 28, 2020.
"The launch of the major games fund means Germany can finally become internationally competitive as a games location," said Felix Falk, managing director of the German industry trade body Game. "This is the starting signal for our comeback."