games.nrw Commends New NRW Funding Guideline
With the new funding guidelines in August, NRW became the first Federal state to change production funding from credit to a grant. Now, games.nrw is commending the decision as a "smart transitions to federal funding".
The new funding guidelines for Federal state NRW had been announced by Media Minister Nathanael Liminski at gamescom. Crucially, the new guidelines state that from now on, NRW has changed its games production funding from a loan system to a grant, meaning that games studios do not need to pay back the loan. Now, games.nrw, the representation for the interest of the games industry in the region, has commented positively on the new system. Regarding the funding guidelines, games.nrw welcomes the support for smaller studios and start-ups with production costs of up to €300,000, since this closes the gap to Federal funding.