Scandinavia and Iceland are moving 20 million euros.
European investments Fund (EIF) Dedicated to the northern developers of 225 million Swedish crowns, converted through 20 million eurosThe field will be redistributed by the Swedish Wise Ventures Fund, finances will go to 23 research in Norway, Sweden, Denmark, Finland and Iceland. The European institution expects to support the game industry and attract other investors who can only double.
“The industry of the northern games is one of the most dynamic and innovative in the world, but access to financing at the initial stage is crucial for the creators of the next generation. Thanks to commitment to contemplate enterprises, the European Investment Fund helps to increase the global competitiveness of the industry and support new talents and ideas, ”says the vice -president of the European Investment Bank. Thomas OstrosField
EIF claims that the game industry in the European Union in 2022 He received 23.5 billion eurosThe field in 2023 He made only a Swedish turnover of 3 billion euros. More than 75,000 people in 5,000 companies in the EU work in the sector, while financing is not enough for the growth of the industry.
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Source :Indian TV
