2020 Digital Game and Gamified eLearning Equity Fund Recipients Announced
In its inaugural year, the Creative Saskatchewan Digital Game and Gamified eLearning Equity Investment Fund supported four unique projects.
Two gaming project investments are Loot Fox Game’s trio of “tiny games” and Melcher Media’s rhythm style casual game, RoodyMental.
Twisted Pair Production’s confined spaces project, and their forklift virtual reality training project, each received investments from the eLearning stream.
The financial boost from the DGE Fund enables local digital developers to take their projects to the next level.
“The Creative Saskatchewan Equity Investment has helped Loot Fox Games purchase higher quality and a greater quantity of art and sound assets. Better aesthetics complements compelling gameplay.” -Parker Neufeld, Loot Fox Games Inc.
This unique program differs from other Creative Saskatchewan programs in that it is an equity program, rather than a grant program. Creative Saskatchewan takes an equity position in the project, not the company.
Jack Hilkewich, V.P. of Interactive and Partner of Melcher Studios, says the equity structure delivers long term benefits for Saskatchewan's interactive digital creative sector.
“With an equity program the company essentially has a partner that is committed to the success of the project. Their involvement is not over when the final project report is handed over. They want the project to succeed because of the financial benefits that will happen because of it. This will allow Creative Saskatchewan to invest more into the equity fund in the future. -Jack Hilkewich, Melcher Studios
Every dollar of equity payment from digital developers to Creative Saskatchewan is re-invested in the Digital Game and Gamified eLearning Equity Investment Fund to support the next generation of gaming and gamified eLearning development.
Click here for more information about the Digital Game and Gamified eLearning Equity Fund.