In five years, 62 of the 508,270 residents of Newfoundland, Canada, will be employed by
Super Monkey Ball iPhone developer, Other Ocean thanks to a cash handout by the province's government. The amount? C$2.4 million (£1.27 million, or €1.59 million).
The grant is being dished out to help the Californian company set up a studio in the province. The studio will focus on handheld and downloadable projects.
According to the Newfoundland and Labrador government, "The funding will assist in offsetting initial start-up and operating costs, including wages, relocation, recruitment, training and marketing, office space and leaseholds, and capital costs."
Canada has been very accommodating to the games industry, luring studios over there with funding and tax breaks. As companies such as Eidos relocate operations to Canada, such tax breaks are polarising the UK games industry over whether our government should offer similar incentives.
While ELSPA and Tiga are
lobbying for more cash, the likes of industry legend
Chris Deering and Splash Damage founder Paul Wedgwood have told SPOnG that the games community shouldn't be asking for handouts.
"We are tremendously pleased to be partnering with the province to help establish and grow the video game industry in Newfoundland and Labrador", uttered Andrew Ayre, owner and CEO of Other Ocean Group. "As Newfoundlanders, we know the determination and drive of the people and we are delighted to be bringing our industry experience home to create well-paying, long-term jobs."