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Games investment project to create hundreds of jobs

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Hundreds of jobs are expected to be created in the UK’s computer-games industry, following the launch of a multi-million pound project to be run by Abertay University.

The first phase of the £5m project involves the creation of a £2m fund to invest in new computer-games prototypes, creating new businesses and giving fledgling companies the chance to attract further investment by developing their intellectual property.

Grants of up to £25,000 will be available to support the development of fully working prototypes. Commercialisation and project-management support will be provided from Abertay’s business and computer-games experts, giving each successful applicant the best chance of establishing or developing a thriving business.

The project aims to create 30 companies, provide support to another 80 existing smaller businesses and create up to 400 jobs. An additional 300 students, graduates and professionals will have their skills developed through working on successfully funded projects.

Paul Durrant, director of business development at Abertay University, said: ’This multi-million pound investment project will allow talented games developers and digital artists the opportunity to turn their innovative ideas into complete, working prototypes that they can showcase to investors.’

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