Games industry trade body ? and awarding and examining body for Train2Game courses ? TIGA say more needs to be done to improve game developers access to finance.
Improving access to finance could potentially make it easier for small indie developers to get going.? A Train2Game student team could therefore possibly need this sort of help in future.
?TIGA represents many start-up and small developers and so we have long been aware of the difficulties that they face when trying to access finance. It is excellent that this Government published report recognises this fact? said TIGA CEO Dr. Richard Wilson.
?On average, creative industry businesses such as games developers are younger than other businesses and have fewer tangible assets. This makes accessing finance more difficult.?
?The Government must now work with the games industry and other creative sectors to develop a coherent strategy to improve access to finance for our industries.?
?I am pleased that this Government published report recognises that video games developers and other creative sectors find it relatively more difficult to access finance than comparable businesses in other sectors.? added TIGA Chairman and CEO of Rebellion Jason Kingsley.
?TIGA intends to encourage the Government to adopt policies including Games Tax Relief, enhanced R&D tax credits, prototype funding and the establishment of a Creative Content Fund. These measures will enable the UK video games industry to grow, which in turn will help the wider UK economy.?
As reported by the Train2Game blog earlier this month, TIGA backed MPs calls to provide more support to the video games industry. ?Last week, in what could be good news for Train2Game students, the games industry body revealed that most game developers plan to increase staff this year.
Train2Game students can find out more about TIGA, games tax relief, and the games industry in general in this Train2Game blog interview with TIGA CEO. Dr. Richard Wilson.
So Train2Game, are TIGA?s calls for this a positive move? Would easier access to finance encourage you to set up your own indie studio in future?
Leave your comments here on the Train2Game blog, or on the Train2Game forum.
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