TIGA, the trade association representing the UK video games industry, has welcomed the fact that the Government has restated that UK based organisations will be able to bid for EU funding in 2019 and 2020, and will continue to receive funding for the lifetime of the project. The Government will underwrite the payment of such awards, even if projects continue beyond the UK’s departure from the EU. EU programmes include Horizon 2020, used by businesses in the video games industry.
The Government commitment was contained in a Written Answer by Jo Johnson, Minister of State for Universities, Science, Research and Innovation, which can be found here.
Dr Richard Wilson, Chief Executive of TIGA, commented:
“TIGA is pleased that the Government has given businesses certainty over EU funding streams for the next few years. Programmes like Horizon 2020 provide important funding to the UK video games industry and have led directly to the release of critically acclaimed video games.
“As we leave the EU, the UK needs to retain or replace funding streams that benefit the video games industry. The Government can do more to support the video games industry. TIGA has called for the introduction of a Video Games Investment Fund to provide pound-for-pound match funding for original intellectual property game projects to improve games businesses’ ability to access finance.”
TIGA is the network for games developers and digital publishers and the trade association representing the video games industry. Our core purpose is to strengthen the games development and digital publishing sector. We achieve this by campaigning for the industry in the corridors of power, championing the industry in the media and helping our members commercially.
TIGA is intent on building an enduring organisation which continually improves; a business that will make a significant impact on the games industry and so benefit our membership and the wider economy. Since 2010, TIGA has won 24 business awards, an achievement which reflects TIGA’s drive for improvement and to meet best practice.
For more information visit: www.tiga.org
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Dr Richard Wilson, TIGA CEO at: email@example.com