By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Game Chronicle
  • Home
  • About us
  • Contact
  • Terms and Conditions
  • Privacy Policy
Reading: UK launches new $40.5m fund to support British game development
Game ChronicleGame Chronicle
Font ResizerAa
  • Home
  • About us
  • Contact
  • Terms and Conditions
  • Privacy Policy
Search
  • Home
  • About us
  • Contact
  • Terms and Conditions
  • Privacy Policy
Have an existing account? Sign In
Без рубрики

UK launches new $40.5m fund to support British game development

Автор
Last updated: 23.06.2025 23:48
Автор
3 Min Read
Share
SHARE

The UK Government has launched a new $40.5m (£30m) fund and pledged to expand the UK Games Fund to support British game development.

It has also established a new UK Video Games Council, comprising industry representatives, to establish closer links with Whitehall and drive growth in the UK’s creative industries, which will benefit overall from an injection of upwards of $510m (£380m). According to PocketGamer, a new UK Games Skills Network will also be created to identify and address skill gaps.

“The £380 million package is part of a wider plan to deliver targeted investment to create thousands of new jobs and opportunities, in sub-sectors like film and TV, music, performing and visual arts, video games and advertising, while generating economic growth in six regions outside London over the next three years,” the Department for Culture, Media and Sport said in a statement via LBC.

Culture Secretary Lisa Nandy said the funding would “boost regional growth, stimulate private investment, and create thousands more high-quality jobs.”

“On behalf of the UK’s world-leading video game and interactive entertainment sector, we welcome the measures set out by the Government to supercharge our Creative Industries as part of the Industrial Strategy,” said Ukie CEO Nick Poole. “[The] announcement is both a validation of the huge cultural and economic impact of video games and an opportunity to show the world we are open for business.”

TIGA CEO Richard Wilson added: “The video games industry provides high skilled jobs, is export-focused and supports economic growth across the UK. The reinforced UK Games Fund will help more small studios to scale up and grow, while the funding for London Games Festival will highlight the capital’s position as one of the most significant games clusters in Europe.”

Earlier this month, the Welsh Government awarded six independent Welsh game developers a total $1.15 million (£850,000) in funding. The Games Scale Up Fund for Wales, the first of its kind for the devolved UK nation, was launched earlier this year as part of a campaign by Creative Wales and the UK Games Fund.

Share This Article
Facebook Email Copy Link Print
Previous Article Promising Minecraft-like Hytale cancelled after ten years in development
Next Article Batman: Arkham Knight’s cancelled follow-up resurfaces in previously unseen concept art
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Contact Us

You Might Also Like

Без рубрики

Opus Major raises $10m in seed funding round

Paris-based developer Opus Major has raised $10 million in a…

2 Min Read
Без рубрики

Dragon Quest 1 & 2 HD-2D Remake gets first look at gameplay

First footage of Dragon Quest 1 & 2 HD-2D…

2 Min Read
Без рубрики

Silent Hill 2 developer Bloober shows off Cronos: The New Dawn’s intriguing merge mechanics

Bloober's forthcoming survival horror Cronos: The New Dawn has received…

2 Min Read
Без рубрики

Virtua Fighter 5 REVO confirmed for console and it’ll be “more than a simple port”

Virtua Fighter 5 REVO, the latest edition of Sega's nearly…

2 Min Read
Game ChronicleGame Chronicle
© 2025 Retro Board Games. All Rights Reserved.
  • Home
  • About us
  • Contact
  • Terms and Conditions
  • Privacy Policy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?