If you need money to bring your indie game concept to life, and you don't want to enter Activision's design contest, you now have another alternative: The Indie Fund, created by a team of established indie devs, is soliciting applications. To apply, you need a playable prototype, a video and, you know, a cool game.

The fund, "established as a serious alternative to the traditional publisher funding model," invests in games by small teams, in order to allow those teams to remain independent of publishers. "World of Goo cost $120K to develop," the application page notes. "Braid cost $180K. That's about the right size project for Indie Fund right now, and it necessitates doing things on the cheap." So, if your game concept is a realistic first-person shooter with MMO elements, get right out of there.

This article was originally published on Joystiq.

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