Epic Games has dedicated $100 million (£76 million) to assist builders, content material creators, and college students engaged on tasks utilizing the Unreal Engine. The funding program – dubbed Epic Megagrants – was introduced earlier as we speak throughout the firm’s State of Unreal tackle throughout GDC.
Epic MegaGrants will supply funding starting from $5,000 to $500,000, and Epic says that any recipient of the grant (which has no agency deadline, permitting for submissions so long as the cash lasts) will preserve the rights to its IP, and will likely be free to publish its games nevertheless it likes – so long as it’s utilizing Unreal Engine to make them. Information about the way to apply for funding from MegaGrants may be discovered here.
According to a press launch from Epic, MegaGrants is meant to mark “an evolution” from the corporate’s earlier funding efforts. The firm’s Unreal Dev Grants program awarded its final monetary boosts earlier this week. Having launched in 2015, Dev Grants was initially arrange with a view to award $5,000,000 in funding to builders working with Epic’s engine.
Epic has confirmed fairly beneficiant elsewhere prior to now. Early this yr, throughout rival engine supplier Unity’s spat with SpatialOS developer Improbable, Epic was quick to launch a $25 million fund to assist affected builders transition to Unreal Engine.
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MegaGrant rewards will likely be handed out to Unreal Engine four builders “of all sizes,” in addition to content material creators, college students and educators, and instruments and open-source improvement groups. Who says Fortnite is only for youngsters?
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