£380 million boost for creative industries to help drive innovation, regional growth and investment
£380 million boost for creative industries to help drive innovation, regional growth and investment
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Seems not just for gaming but for entertainment.
£380 million in targeted funding to support innovation, access to finance, R&D, skills and regional growth across the UK as part of Creative Industries Sector Plan
Sector Plan set to nearly double business investment in creative industries to £31 billion by 2035 with 2,000 new film and TV apprenticeships to be delivered
Comes as part of Industrial Strategy which sets out government’s ten-year plan to make the UK the best place to do business and unlock growth as part of the Plan for Change
New Creative Content Exchange will be a marketplace to sell, buy, license and enable permitted access to digitised cultural and creative assets
From grassroots music venues to world-class film studios, thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package.
A £30 million Video Games Growth Package, backing the next generation of start-up games studios and developers. This will drive inward investment in the sector through expansion of the UK Games Fund (UKGF) as well as new support for the London Games Festival.
In contrast Germany is investing €125 million into gaming per year. The budget for federal games funding is increasing. The German government’s draft budget allocates €88 million for 2025, rising to €125 million per year from 2026 onwards.