Texas Film Commission Increases Incentives For Game Studios
The Texas Film Commission has announced that it will increase incentives for the video games industry in the state to a level equal to those provided to film and television initiatives.
Game studios are currently able to apply for reimbursement grants up to 5 percent of eligible in-state spending paid to Texas residents.
From August 28, this figure will be raised to 15 percent
in time for the Film Commission's new fiscal year, reports the Statesman.
Evan Fitzmaurice, director of the Film Commission, noted that the increase was in aid of the economic impact the video games industry is currently providing in Texas, citing the recent news that EA Sports is looking to open a new development studio
Earlier in the year, Texas state comptroller Susan Combs revealed that
the games industry created more full-time jobs in the last two years than other industries that were eligible for the Moving Image Industry Incentive Program.
Just last month, nonprofit medicine research and education company The Cooper Institute said that its initiative to fight childhood obesity through educational games was being funded
by the Texas Department of Agriculture.