If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

German games fund increases to $73 million

Since the government program launched in 2020 companies within the sector grew by 26% and staff increased by 12%

The German federal parliament has increased the national budget for the games industry to $73 million (€70 million).

Unveiled in 2020, the games fund offered government support for up to 50% of developer costs.

Since the program's launch, game companies have increased by 26% and employment in the industry grew 12% as well.

The governing body said that it increased support by $21 million (€20 million) for 2023 following the sector's growth.

Looking ahead, the German Games Industry Association predicts that the support initiative will need to provide $104 million (€100 million) annually.

"The provision of this additional games funding sends a powerful signal," said managing director of game Felix Falk.

"It will enable Germany to continue its pursuit of becoming one of the world's top locations for game development."

Sign up for the GI Daily here to get the biggest news straight to your inbox

Author
Jeffrey Rousseau avatar

Jeffrey Rousseau

Staff Writer

Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.