The BFI has awarded 26 new awards as part of its £2.15 million ($2.65 million) investment in the UK’s independent screen sector, which includes video games.
Funded through the UK Government’s Department for Culture, Media and Sport (DCMS), the financial awards aim to help British businesses “strike new business partnerships, improve their profile and reach in the global market and increase awareness.” generating income through export and international expansion”. “.
The prizes, which range between £50,000 ($61.6k) and £200,000 ($246,000), reportedly generate £22 of net profit for every £1 of the UK Global Screen Fund awarded.
Fireblade Software, Hazimation, Hyper Luminal, Keelworks and Wired Productions have successfully raised funding in this round. For some, applications were made to obtain funding for new roles, such as programmers and production staff, while others were awarded grants to hire business development support.
“The UK’s independent screen sector has a wealth of talent and ambition, and it’s fantastic to see this latest batch of business development awards supporting a wide range of businesses and strategies, all focused on international growth and success in the global market,” said Denitsa. Yordanova, BFI Director of the Global Screen Fund and UK International Funds.