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The Australian government, in partnership with Screen Australia, has introduced a set of new funds targeting game developers in the country.
Announced at Melbourne International Games Week, the new funding programs will represent a commitment of AU$12 million to the Australian games industry over the next four years.
Firstly, Screen Australia announced the Games Production Fund, which will be replacing the Games Expansion Pack launched in March 2022 and was presented as a "flagship fund."
Unlike the program it replaces, the Games Production Fund will fund projects towards a milestone rather than release. As explained by Screen Australia’s head of online and games Lee Naimo during the closing keynote of Games Connect Asia Pacific’s first day, the milestone could be release, but it could also be an Early Access launch, or a finished prototype to be ready to pitch to investors. The goal is to spread out funding across different stages of development as needed.
Studios with a budget of up to AU$500,000 will be able to receive up to AU$100,000 via the Games Production Fund. Applications for the first round are open now and will remain open until November 30.
Also announced at MIGW was the Emerging Gamemakers Fund, which aims at "democratising the early stage of game making," said games investment manager Amelia Laughlan during the keynote, acknowledging how prototypes can be important "stepping stones to other opportunities in games." She added that the lack of time and money to fund prototypes also "impact people from diverse backgrounds more than others."
This program will grant up to AU$30,000 to "risk taking, weird games," added Naimo,
Read more on gamesindustry.biz