£50m UK Government Investment For Creative Businesses
More Than 10.2 million Filed Self Assessment By 31 January
02/02/2022EU Citizens In Scotland Campaign
02/02/2022£50m UK Government Investment For Creative Businesses
The investment includes £21 million to help build on the international success of the UK film industry through a three-year UK Global Screen Fund.
This follows a successful one-year pilot of the DCMS scheme that has boosted the global reach of UK independent productions, including The Miracle Club (starring Maggie Smith) and Good Luck to You, Leo Grande (starring Emma Thompson), administered by the British Film Institute (BFI).
£8 million will help start-up gaming businesses across the country grow their operations, through the UK Games Fund. Based in Dundee, the UK Games Fund will make sure video games firms’ talented workforces have the skills they need to thrive in the sector. This includes increased support for early stage businesses and entrepreneurial young developers, nurturing talent and fostering new games creation across the UK.
The Creative Scale Up Programme, which provides finance and business support to firms in the creative industries, will also be expanded with more than £18 million of new funding. This investment will support innovative creative businesses outside of London as part of the government’s ‘levelling up’ plans.
