That's right. The EU isn't just lending money to developers. It's giving it to them. Giving them millions. It's been announced that the European Commission have created a kitty of around €1,500,000 which is to be handed out to European developers to help spur the industry on. Individual developers can claim up to €100,000 to start a new project, while games already under development can claim between €10,000 and €60,000. Only catch? 60% of the fund is being reserved for games that "focus on the cultural heritage and diversity of Europe". I read that to mean "obscure medieval German trading simulators". That or Singstar: Eurovision.
European Commission creates €1.5m game fund [Develop]
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