PLAY Interactive says that it has RM1 million being set aside for this fund. And each game dev applying for it can get up to RM100000 to help complete their game. Though it will have to complete the game within two years of receiving the grant.
Development window aside, there’s another caveat, and likely a bigger one, to this deal of accepting financial support. Once your game is done, PLAY Interactive will also hold worldwide publishing rights to the project. This effectively turns the company into a publisher. That being said, it’s likely not too bad a deal for indie devs, since they won’t need to worry about the whole publishing side of the game-making process. For what it’s worth, PLAY Interactive isn’t picky as to what kind of games devs can make when applying for its game development fund. So even mobile game makers have the potential of getting a bit of extra cash infusion. The company is even willing to give out grants for port projects. If you’re a developer and wish to know more about the PLAY Game Development Co-Investment Fund, you can find out more by visiting its official website linked below. (Source: PLAY Interactive [1], [2] via GamerBraves)
