Ventspils High Technology Park

Model Scheme and Manual for Game Incubation Programming and Financing: Baltic Games Industry

• Most game incubators in Europe, especially those for game creators, are primarily funded by public sources, with private initiatives being a minority.
• Establishing a sustainable game incubator often takes over 5 years to break even, with only 40.8% of business incubators aiming to break even as part of their business plan.
• Game incubation programs can be structured in various ways, including long-term incubation (1 year+ for medium-maturity startups) and short-term acceleration (3-4 months for high-maturity startups, often involving equity exchange for funding).
• Effective communication strategies for recruiting incubator participants include leveraging social media platforms like Facebook, Twitter, Instagram, and LinkedIn, and partnering with industry job portals like Skillshot.pl.
• The Ventspils High Technology Park GameDev Incubator, operating since 2018, offers free support tools like co-working spaces, coaching, workshops, and grants, focusing on PC, mobile, VR/AR platforms, and collaborates with Ventspils Digital Centre and University of Applied Sciences.