Eutechnyx targets 190 new jobs with 1.8m funding

Government backs developer to establish own publishing operation for Auto Club Revolution

UK racing specialist Eutechnyx has secured 1.8 million from the government, which it intends to use to create up to 190 new jobs at the company.

Specifically, the firm aims to create a publishing operation for new online racing game Auto Club Revolution, currently in closed beta and scheduled for release in 2012.

"We are exceptionally pleased that the Government has appreciated the unique opportunity that Auto Club Revolution presents in the world of online games" said Darren Jobling, Eutechnyx COO.

"This investment will allow us to continue recruiting the cream of the development and publishing talent from around the world to join the team, and to really push forward with an innovative and genre-changing online product."

The financial assistance come from the government's Regional Growth Fund, and is added to the 6 million already raised for the game from Prime Ventures and the North East Accelerator Fund.

"The Government is investing in companies and projects to help them grow and create the jobs we need," added Creative Industries Minister Ed Vaizey. "Auto Club Revolution is an exciting project that promises to add to the UK's highly successful video games sector."

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Latest comments (7)

Fran Mulhern , Recruit3D4 years ago
Here's hoping they're the first of many to create new openings!
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Julien Amougou , Nokia4 years ago
Great news for the company (a bunch of great guys) and the region.
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Stuart Barnett Games Designer, Sony London Studio4 years ago
Fantastic news, the north east games industry has been hit hard the past few years. Looking forward to seeing the result.
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Show all comments (7)
Steve Pritchard Studio Head, Headstrong Games4 years ago
Great to hear this sort of thing!

However, 1.8m sterling = 190 new jobs?

It's been a while since I've been back up north but if those developers they are paying 10k salaries to are any good, I'll offer them double to come and work for me.
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Pete Leonard , Amiqus4 years ago
@ Steve LOL!
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Really good news and well done Eutechnyx!!!!
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Ben Brown Studio Technician, Codemasters4 years ago
Howa tha games industry!
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