execution-labs
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Independent game incubator secures $6 million in funding
Execution Labs is an incubator for independent games and developers based in Montreal, Canada, and it's just raised $6 million CAD in Series A funding led by Toronto media company Corus Entertainment Inc. Execution plans to use the funds to establish two tiers of support for up-and-coming developers: the Pre-Production Accelerator and the Finishing Fund. The Pre-Production Accelerator is a three-month program that grants new developers up to $50,000 CAD in funding, plus shared workspace and mentorship opportunities for games not yet in full production. The Accelerator is open to international applicants and covers all games, from mobile to PC. To take part in the Accelerator, a studio's core team needs to be in Montreal, but Execution Labs says it takes international studios and will help them get settled. "Your core team needs to be in Montreal for the duration of the program," the FAQ reads. "Part of the experience, especially the learning and teaching part, comes from being in the same physical space. Also there's the office badger." The Finishing Fund is tailored for experienced developers with games close to completion, offering "substantial funding" for marketing, testing and final production. Execution Labs mentors include Dejobaan Games founder Ichiro Lambe, Microsoft Game Studios founder Ed Fries, Eidos Life President Ian Livingstone, Vlambeer co-founder Rami Ismail and The Bohle Company President and CEO Sue Bohle.
