Ubisoft launches Ubisoft RADAR, its very first $10 million investment fund aimed at detecting, financing and propelling games created by independent studios in Quebec
Ubisoft RADAR aims to support Quebec entrepreneurship in the field of video games by maintaining intellectual property in Quebec.
The fund will support game projects at key points in their development:
At the start of the project in the concept phase and at the start of production;
At the end of development in order to launch the best possible game on the market;
At the time of marketing to optimize the visibility and notoriety of the product.
“For 25 years, Ubisoft has contributed to developing the video game sector in Quebec, which has become the 3rd world center in this field. With this investment fund, we are reaffirming the importance of continuing to grow this formidable local tech and creative ecosystem while supporting independent creators. These are essential levers to shape the future of Ubisoft and more broadly the future of our industry. said Yves Guillemot, Chairman and CEO and co-founder of Ubisoft.
In addition to offering flexible financing solutions adapted to the needs of the project, Ubisoft RADAR will provide selected companies with personalized support from internal experts and external partners.
“Ubisoft RADAR complements Ubisoft Entrepreneur.es’ existing offer of partnerships, mentoring and financial support in order to support independent Quebec developers and encourage creativity in this vibrant industry. This is an additional opportunity to contribute to the success of our ecosystem. added Francis Baillet, Vice President of Corporate Affairs at Ubisoft.
The profits generated by the fund will be reinvested until 2030, in order to support the creativity of independent studios in the province for years to come.
The first round of financing will take place in the fall of 2022. entrepreneur.es can obtain the information and apply for financing today on the site d’Ubisoft RADAR.
