Community of Madrid Provides €500,000 in Funding for Games Prototypes
Micro-enterprises and small businesses based in the Madrid region of Spain can now apply for funding for their games projects. Up to 20 grants of up to €25,000 each are available.
Micro-enterprises and small businesses based in the Madrid region of Spain can now apply for funding for their games projects. Up to 20 grants of up to €25,000 each are available.
However, interested companies must submit an application promptly. As the Spanish industry association AEVI has announced, applications must be received within 15 working days of the call for applications being published. The call was issued on 19 March.
Micro and small enterprises based in the Community of Madrid are the primary candidates for funding. Companies with headquarters elsewhere are also eligible provided they have an office in the region and development takes place there.
There are various content-related restrictions, though these are not unusual for such funding. Thus, advertising games are excluded, as are gambling games or games that glorify violence.
The funding aims to support creative work during the prototyping phase. In total, the Ministry of Culture, Tourism and Sport of the Community of Madrid, under Minister Mariano de Paco Serrano, is making a budget of up to 500,000 euros available. A total of 20 projects are to be funded, each receiving up to 25,000 euros.