MDA to fully fund game projects

Posted on July 1, 2009 by Dr. Foo CY

… that can be marketed overseas!

Quite a bit of good news for game development in Singapore too. The news was reported in The Straits Times today, with excerpt below:

SINGAPORE wants to take on the world gaming industry and is inviting those with a penchant for game design here to come up with creative ideas.

For the first time, the Media Development Authority (MDA) is calling for proposals for games marketable overseas.

The game designs will need to be versatile enough to be published on most platforms so that the games can be played on both desktop computers and mobile devices such as the iPhone and iPod.

Four local game publishers will partner with designers to publish the games.

…

MDA and the four developers will fully fund the ventures. MDA declined to reveal the amount, saying it depends on the quality of the proposals. However IAH Games said it is prepared to spend $50,000 to $500,000 per project. Industry sources say each publisher will receive 50 per cent of funding from MDA to invest in game developments.

News article here too.:)

Filed under: Events, Gaming careers, Industry

« »

One Response

  1. Zhi Xiang, on July 2nd, 2009 at 8:06 pm Said:

    I think it is a big step for the gaming industry in Singapore, but I think what it takes for Singapore to go into the big league is to have a few local game developers/publishers to develop and publish classics. Singaporeans have made games, but it’s not enough to catch the eye of the international gaming industry. Once Singapore develops a classic game potential comes around, eyes will then be turned to Singapore. But I think what MDA did helps to stir more interest in Singaporeans in the gaming industry

Comments are closed.