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Singapore injecting $14 million investment into games development


[Image credit: WilliamCho]
The Media Development Authority (MDA) of Singapore plans to invest $14.6 million in the country's video game industry. IndustryGamers notes that the money will be granted over three years to the GAME+ Program, an initiative that plans to "address the needs of the entire games value chain by providing support for concept development all the way to go-to-market strategies" -- with an emphasis on projects that are "internationally-marketable."

The MDA will invest in "bigger-budget" game content like MMOs, create "financial management games" for social networks and mobile platforms, and assist start-ups on "emerging platforms." Wait -- is the decimal point on the $14.6 million in the wrong place?

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