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The UK government’s announcement of a £60 million investment into creative industries highlights a significant effort to drive growth within the sector, with a particular focus on the gaming industry.
1 minute read
Published 28 January 2025
The UK government’s announcement of a £60 million investment into creative industries highlights a significant effort to drive growth within the sector, with a particular focus on the gaming industry. This includes a record £5.5 million allocated to the UK Games Fund, a not-for-profit organisation established to support the early-stages of game development in the UK. This targeted funding aims to encourage innovation, create jobs, and contribute to economic growth.
For gaming industry stakeholders, this funding presents both opportunities and challenges. The investment is expected to facilitate the launch of new studios and projects, expanding the market and intensifying competition, in an environment where it is already very difficult to get noticed by gamers. Navigating the requirements for funding applications—such as company registration, employment of developers, and compliance with regulatory frameworks—will be critical.
Engaging with legal professionals who understand both the industry and your business needs will be essential. Expert guidance can help businesses effectively access funding, comply with legal obligations, and strategically position themselves for long-term success in this rapidly evolving sector.
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Shorter Reads
The UK government’s announcement of a £60 million investment into creative industries highlights a significant effort to drive growth within the sector, with a particular focus on the gaming industry.
Published 28 January 2025
The UK government’s announcement of a £60 million investment into creative industries highlights a significant effort to drive growth within the sector, with a particular focus on the gaming industry. This includes a record £5.5 million allocated to the UK Games Fund, a not-for-profit organisation established to support the early-stages of game development in the UK. This targeted funding aims to encourage innovation, create jobs, and contribute to economic growth.
For gaming industry stakeholders, this funding presents both opportunities and challenges. The investment is expected to facilitate the launch of new studios and projects, expanding the market and intensifying competition, in an environment where it is already very difficult to get noticed by gamers. Navigating the requirements for funding applications—such as company registration, employment of developers, and compliance with regulatory frameworks—will be critical.
Engaging with legal professionals who understand both the industry and your business needs will be essential. Expert guidance can help businesses effectively access funding, comply with legal obligations, and strategically position themselves for long-term success in this rapidly evolving sector.
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