Video Games Business Development
The Video Games Business Development Program is a partnership between Creative BC and Canada Media Fund (CMF) designed to support the success and growth of B.C.-based game studios.
Offered by CreativeBC
Amount
Maximum request per application: up to $200,000, non-repayable (overall funding envelope $1,000,000)
Quick eligibility check
Who can apply
Applicants must meet the following requirements to apply:
- Be a for-profit company incorporated in British Columbia or Canada with its head office in British
Columbia. (Note: Companies extra-provincially registered in B.C. are not eligible.)
- Be Canadian-owned as defined in the Investment Canada Act and Canadian-controlled as
determined for the purposes of Sections 26 to 28 of the Investment Canada Act.
- The majority of the common interest voting shares of the company must be held by B.C.
residents, defined as either a Canadian Citizen or Permanent Resident who has resided in B.C. for at least 200 of the 365 days prior to application and have filed income tax returns in B.C. for the taxation year prior to the application.
- The primary business is the creation of video games for digital game platforms, including (but
not limited to) PC, mobile, consoles, and VR. The majority of output should be content owned and controlled or optioned by the applicant.
- Applicants and any related or associated parties must be in good standing with Creative BC and
the CMF.
Funding Eligibility
Applicants must show they have the experience, qualifications, and resources to successfully implement their proposed plan for the funding.
Accordingly, the program is for either:
Mid-level and experienced companies, or New company startups having at least one owner with the required background, according to these criteria:
- Mid-level and experienced video game companies, defined as having:
- published two (2) previous owned and controlled commercial titles made available for
purchase or download through various retail platforms (not including prototype/demos, game jams, DLCs/expansion packs, or work for hire); AND
- $500,000 average annual business expenditures, confirmed by certified financial records;
OR
- New company startups with one or more owners who previously held ownership positions at
mid-level or experienced video game companies that meet the above criteria. Ownership is defined as not merely having an equity stake, but also an executive leadership role in the company with creative, finance and business decision making authority.
Funding is intended for companies whose primary business is developing video games. Companies whose primary business has been other forms of interactive or digital media such as websites, mobile applications, interactive/immersive projects, and software applications that are not readily and easily identifiable as games and do not meet the criteria above will not be eligible.
Interested companies can be producing any number of titles, at various stages.
Applicants are limited to a single submission per company for each annual intake round. An owner may have an ownership interest in multiple applicant companies; however, only one associated company may be selected for funding. Ownership, for the purposes of this section, means the ability to exercise, directly or indirectly, control, joint control, or significant influence over a company, and does not include nominal ownership interests that do not confer such influence or control.
Successful recipients of the previous 2024 and 2025 rounds are ineligible for this year’s intake round.
About the funding
Financial support will be non-repayable.
Maximum request per application: up to $200,000 Overall Funding Envelope Available: $1,000,000 Decision Process: Competitive, determined by an external advisory panel.
Terms of Funding Contracting Creative BC and the CMF reserve the right to provide a reduced commitment from the requested funding. Successful applicants will enter into separate financing agreements with Creative BC and the CMF. Companies awarded funding are subject to a contract which will include a timeline, payment schedule and specific deliverables, according to the specifics of the business development plan.
Generally, it will include two drawdown payments, plus an interim report. A completion date will be noted in the contract by which all deliverables should be submitted. The funding period is 12 months, with potential for extensions in extenuating circumstances.
Show all funding details
CMF: funding is provided as a non-repayable contribution, except in case of transfer, sale, assignment, or other disposition of the project materials within the active funding period.
Creative BC: funding is provided as a non-recoupable advance.
At least 75% of total costs must be spent on goods and services sourced from within British Columbia (i.e. paid to B.C.-based individuals, companies, or entities).
Eligible costs include but are not limited to:
- Promotion and marketing
- User acquisition strategies
- Labour and personnel
- Technology, content and design
- Expenses required to put content online or to create applications, including copyright clearance,
documentation, design and development
- Technical and administrative expenses
- Travel costs (i.e. accommodation, airfare, per diem) to a maximum of 10% of the total
allocation
- Legal, accounting, or other consulting fees
- Activities to open foreign markets
- Playtesting for QA and usability
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