TIGA, the trade association representing the UK video games industry, has today, 12 October 2021, submitted proposals to the British Film Institute (BFI).
TIGA’s proposals were submitted in response to the BFI’s Funding Strategy Consultation.
The BFI have devised the consultation to help shape the priorities for the BFI’s next National Lottery funding strategy and will utilise responses to set out a clear purpose and vision for the BFI.
The new strategy will run from April 2023 to the BFI’s centenary in 2033.
TIGA has submitted the following proposals to the BFI:
- TIGA has proposed an increase in the rate of Video Games Tax Relief (VGTR). An increase in the rate of VGTR from 25 per cent to 32 per cent would yield nearly 1,500 additional skilled development jobs and over 2,700 additional indirect staff by 2025.
- TIGA has called for the introduction of a Video Games Investment Fund (VGIF). TIGA’s proposed VGIF would help to close the systemic gap in developers’ access to finance by delivering pound-for-pound matched funding to games developers nationwide.
- TIGA has called for the resurrection of the Skills Investment Fund (SIF). Ran between 2013 and 2017, The SIF involved employer skills funding matched by a government contribution. Over its lifespan, 144 different games companies accessed SIF funding and 1,373 people benefited from SIF training.
TIGA is the trade association for the UK video games industry. Our core purpose is to strengthen the games development and digital publishing sector. To this end, we focus on four strategic objectives:
- influencing Government policy via effective political representation;
- raising the profile of our industry to influence public policy;
- enhancing education and skills through our accreditation programme (https://tiga.org/education/tiga-university-accreditation) and TIGA Games Education Awards (https://tiga.org/education-awards); and
- promoting best practice through our membership services, including the TIGA STAR Employer Award (https://tiga.org/star), the TIGA Games Industry Awards (https://tiga.org/awards) and the TIGA UK Games Education Awards (https://tiga.org/education-awards).
For more information contact TIGA: