Google, MY.GAMES Announce $30 Million Fund For Mobile Gaming Developers

In case you’ve bought an important concept for a cellular sport, two main gamers need to hear it–and so they would possibly even assist fund and develop it. Right this moment, MY.GAMES Enterprise Capital (MGVC) and Google have launched the second season of Sport Drive, their enterprise acceleration program for cellular sport builders. 

Following a profitable first season of funding that was launched in November 2020, this season is providing a $30 million pool for potential funding in studios and tasks which are accepted to the scheme, which is accessible to builders from throughout Europe, the Center East, and Africa.  

As a extra benevolent and amiable tackle Shark Tank or Dragons’ Den, MGVC and Google are encouraging cellular gaming studios to current their concepts to a bunch of specialists to hunt recommendation and suggestions on their enterprise, with a view to serving to them develop additional and quicker. In change, Sport Drive helps MGVC and Google determine “untapped expertise.” 

Alongside wider enterprise recommendation, the business giants may also supply candidates mentorship, venture suggestions, and enchancment evaluation, consulting, networking alternatives, plus entry to the MY.GAMES ecosystem, which additionally gives a collection of the corporate’s coaching belongings.

Throughout season one, greater than 40 purposes had been submitted from builders in nations together with the U.Okay., Italy, France, Germany, Kuwait, Spain, and Russia; the shortlist of finalists included video games like Warfronts: Battle for Toria (Sand Forge Video games), Large 6 Hockey Supervisor (Large 6), Wasteland Punk (Attempt Laborious Video games), and World Metropolis (Purple Brix Wall).

To enroll, cellular devs from the EMEA areas have to have video games in early entry, or a minimal viable product, on Google Play; as much as ten profitable candidates shall be granted a spot on the 2021 Sport Drive program. 

These profitable candidates will obtain a tailor-made partnership, culminating in a Sport Drive Demo Day in November, behind closed doorways. From right here, builders could possibly be in for a share of the $30 million monetary funding put ahead by MGVC.

Elena Grigoryan, chief advertising officer at MGVC, stated: “MGVC and Google acknowledge that to achieve cellular improvement, groups want assist in different areas like experience, infrastructure, scaling, knowledge, analytics, and learn how to work with throughout the completely different platforms. Sport Drive [has] the core goal of growing the cellular gaming ecosystem and offering sport builders with [this].” 

In case you’re a developer that desires to see if you happen to match the factors for 2021’s Sport Drive program, you’ll be able to learn more at the MGVC website.