- Up to £25,000 available per project
- Open UK-wide, for new games and digital content
- Deadline Friday 13th April 12pm
New and young companies have just one week to apply for grants of up to £25,000 from the current round of the University of Abertay Dundee’s Prototype Fund.
The Prototype Fund gives creative businesses the funding to develop a new prototype, allowing them to overcome the critical early funding gap for many small firms. Further funding rounds will follow.
Application details are available at http://prototypefund.abertay.ac.uk/ - a form and pitch video need to be submitted by 12pm on Friday 13th April.
Paul Durrant, Director of Business Development at Abertay, said: “The Prototype Fund lets promising young companies across the UK overcome the difficulties of raising enough money to get started.
“Bank lending can be incredibly difficult to access for new businesses, particularly those working on games and interactive digital content. What we’re offering is a way to bring your product or prototype to life – and then take it to market, or pitch for the further investment you need.
“We’ve seen some brilliant successes already, including one £25,000 investment bringing an additional £800,000 from a publisher. This is a superb opportunity for new and young creative companies.”
Successful applicants also have the option of taking office space, and hardware and software, in Abertay’s Prototyping Studio.
All funded teams receive business mentoring from the Prototype Funding team, as well as opportunities to meet funders and publishers.
The Prototype Fund takes no equity or intellectual property (IP) ownership in the companies it supports. The aim is to create sustainable businesses which control their own IP.