Ireland Starts Video Game Start-Up Fund
The country might be up to its ears in debt, but it's looking forward
Batt O'Keeffe TD
Despite being up to its neck in debt, the Irish Government via Enterprise Ireland has announced fund with €500,000 to spend on ten internet and games start-ups.
According to a report in Siliconrepublic, "An external panel including some of Ireland’s best-known internet and games entrepreneurs has been assembled to evaluate the applications.
The closing date for applications is 16 December, 2010, and the 10 selected companies will be agreed upon by the end of January 2011. Application forms and detailed information are available online.
Targeting a €30bn market."
The Minister for Enterprise, Trade and Innovation Batt O'Keeffe TD stated, “Games are one of the fastest-growing markets in the world with an estimated value of more than €30bn.
“In Ireland and the UK, the market for online games is valued at about €2bn. Clearly, there is an enormous business opportunity there for Irish firms and the Government ... Enterprise Ireland is focused on helping internet and games entrepreneurs to capitalise on this rapidly growing market opportunity."
No chance of the UK government adopting this technique?
According to a report in Siliconrepublic, "An external panel including some of Ireland’s best-known internet and games entrepreneurs has been assembled to evaluate the applications.
The closing date for applications is 16 December, 2010, and the 10 selected companies will be agreed upon by the end of January 2011. Application forms and detailed information are available online.
Targeting a €30bn market."
The Minister for Enterprise, Trade and Innovation Batt O'Keeffe TD stated, “Games are one of the fastest-growing markets in the world with an estimated value of more than €30bn.
“In Ireland and the UK, the market for online games is valued at about €2bn. Clearly, there is an enormous business opportunity there for Irish firms and the Government ... Enterprise Ireland is focused on helping internet and games entrepreneurs to capitalise on this rapidly growing market opportunity."
No chance of the UK government adopting this technique?
Comments
Joji 2 Dec 2010 11:22
1/2
Kudos to them for realising, the potential of games, when our own U.K govenrment can't, while our talent either closes up shop, and/or migrates to more understanding waters.
The biggest irony here, is that there's a low uptake of maths and science in schools and colleges. If computer programing, graphics etc were also offered, earlier on, more talent woould be bred for games and other technical industries in the U.K.
The biggest irony here, is that there's a low uptake of maths and science in schools and colleges. If computer programing, graphics etc were also offered, earlier on, more talent woould be bred for games and other technical industries in the U.K.
Dreadknux 2 Dec 2010 12:05
2/2
My question: How can Ireland afford this when the UK is bailing them out?