Making a game is hard enough - but financing it is certainly no walk in the park either.
As well as early stage funding, you need to think about development funding, and then growth capital. Spinning all these plates at once is tough, but if you’re strategic and well organised you can find the right solutions for your business.
Learn how to choose the right payment partner for your game.
It is estimated that less than 10% of UK game developers are claiming Video Games Tax Relief.
Ukie has collaborated with the screen industries via BAFTA and the BFI to create a set of guidelines and principles for people working in all screen sectors at any level to deal with and prevent bullying and harassment.
We would encourage people to adopt and adapt where necessary these principles and guidance.
We have today launched our new Access to Finance Guide for games businesses. You can find the full guide here.
Accessing finance is a challenge facing many games businesses in the UK. The new Ukie Access to Finance guide, written by Ukie Partner members Harbottle & Lewis, tells UK games businesses where to look for sources of funding and how best to make use of them.
New £40m fund and guide to finance for creative industries launched
A new £40 million private equity fund focused on the creative industries has been launched, with support from the government's British Business Bank.
China games trade mission a success
This week I am in an extremely hot and humid Shanghai on a UKTI/Ukie joint trade mission for UK games companies. We have 13 fantastic companies, which we recruited and for whom we helped secure funding, to spend a week, hosted by UKTI China, meeting Chinese companies such as Tencent, Galaxy Entertainment, Netease and Youzu in the week of Chinajoy.
HMRC publishes new guidance on EU VAT changes
The changes to VAT rules for cross-border sales in the EU that are coming into force on 1st January have been the source of a lot of recent debate, with widespread concerns over the effect they will have on small businesses making digital sales.
British Companies generate £8m on the UK stand at gamescom
Fifty-three UK companies exhibited this year on the UK industry stand at the biggest gamescom yet, generating a staggering £8m worth of actual business and £26m of potential business across the three days of the expo. More than 2,500 visitors flocked to the UK industry stand, including VIPs, key industry players from global development and publishing studios, as well as Susan Speller, the UK’s Consul General in Düsseldorf.
A useful summary of funding for digital businesses has been published
The Knowledge Transfer Network (KTN), Technology Strategy Board, Catapults, Tech City, IC tomorrow, Nesta and the Open Data Institute are collaborating on a monthly digest of useful information for digital businesses, including funding calls, support, events and training. August's digest is available below.