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Video Games: Finance

Question for Department for Culture, Media and Sport

UIN HL6379, tabled on 31 March 2025

To ask His Majesty's Government what steps they are taking to improve access to investment and funding for video game developers in the UK, particularly those from under-represented groups.

Answered on

8 April 2025

The Government has announced £5.5 million funding for the UK Games Fund (UKGF) for 2025/26, which will provide grants to early-stage studios across the UK to develop prototypes and new intellectual property, and run development programmes for new graduates. The Fund includes diversity criteria in its assessment process for grant funding and encourages applicants to consider the British Film Institute’s Diversity Standards

Video games companies can also benefit from the Video Games Expenditure Credit, and can access support from the Create Growth Programme and UK Global Screen Fund, all of which require applicants to consider diversity criteria.

In January, the British Business Bank also committed to increase its support for the UK’s Creative Industries, including video games, to help them realise their full growth potential.