Australia's Minister for Innovation, Services and Small Business Louise Asher unveiled two new programs that he says will give Victorian games developers "valuable support to develop and market high-quality games for a global audience."
The new game programs will be overseen by Film Victoria, who will provide $500,000 to support the development of commercial projects through investment and business support. Mr. Asher said the Victorian Coalition Government is committed to driving and supporting Australia's growing games industry through these new initiatives.
"The $500,000 in funding will support the Victorian games industry in 2012/13 through two programs: Games Development and Games Release," he said. "Through Games Development, a total of $350,000 is available to invest in commercial projects that can attract overseas interest, create jobs and succeed in the global market."
"Games Development recognizes the importance of ongoing investment support from Government, but in a change from the previous funding model, a shortlist and interview-based assessment process has been introduced," he continued. "Games Release is an entirely new funding stream that recognizes the need for one-off support at the critical stage of a game’s release into the marketplace."
Mr. Asher went on to say that game companies could apply for one-off grants to assist with the release and distribution of their project in the marketplace via the games Release program.
Commercial projects will be eligible for between $30,000 and $90,000 in support funding through Games Development, though the amount of funding received can be scaled based on a development teams' experience. Through the Games Release program, game developers can apply for a one off grant of up to $25,000 to secure funds for specialist marketing and business services.
You can learn more about these new programs at www.film.vic.gov.au/funding/games.