• This initiative of the City of Madrid aims to consolidate, encourage and retain talent in the video game industry
• The Development Center of Madrid in Game hosts 50 startups in the II edition of the Entrepreneurship Program, 18 of them pass phase or extend their stay of the previous edition
• For six months, entrepreneurs will accelerate their companies to make them solvent and sustainable
Madrid. September 28, 2023.– Madrid in Game, initiative of the City of Madrid, will host 50 startups at II edition of the Entrepreneurship Program at the Development Center of the Campus of the Videogame in Madrid. Starting on September 18 and for six months, these entrepreneurs will develop their companies with the objective of speed up their businesses to become solvent and reference projects for the sector.
Adapting to the different projects according to the maturative stage in which they are located, each of the companies included in the entrepreneurship program are distributed in three phases, pre-incubation, incubation and acceleration, to adapt to his life as a company. With this project, the City of Madrid aims to attract, promote, retain, boost talent and generate direct jobs in the video game industry.
Participating startups will receive personalized advice, support for fund-raising, presence at events, and support from experts on three pillars: business, product and person. In the same way, they will have work spaces that will include laboratories of sound, video and virtual reality and augmented of latest generation, as well as other tools that help them to generate their ideas, from a technical perspective and from a business perspective. Being one of the most ambitious incubation and acceleration programs in Europe, Madrid in Game and its entrepreneurship program, renamed for the second call as Start IN Up Program, becomes a benchmark company accelerator in the video game industry. 32 new startups will be added to this second edition of the program from different fields of the sector. Of the selected companies, 72% are based in Madrid, 39% are video game developers, 23% belong to or are related to the Esports sector and the remaining are focused on technologies related to the industry. 18 companies of the first call of the entrepreneurship program continue in Madrid in Game to continue working on their projects changing maturative phase. ■ The entrepreneurship programme, which started on 18 September, is intended to enhance, attract and raise the talent of sector. On September 29th, an opening event will take place at the Madrid Development Center in Game and will be attended by different political personalities from the City of Madrid. This programme will host more than 200 companies in the next three years.
Entrepreneurship programme: successes of the first call
Many of the startups participating in the first edition achieved great success during their six months at the Development Center. Nware, a streaming game service, signed an agreement with Microsoft to offer Xbox and Activision games in its app; Clivi, a gaming ecosystem for players, streamers and professionals, managed to close a funding round of €392,000; Second WorldThe accelerator has also generated synergies between the different companies, highlighting the Sinfrenos League event, one of the most important Rocket League championships in Spain, which under the organization of the World Cup, the first ever ever ever ever ever ever ever-ever-ever-ever-ever-ever-ever-world event, the World Cup, which was launched by the World Cup. HaveFun Gamers, joined other firms as Beat Shop, Conwiro, Algon Games or Beeted in which they enjoyed a day of electronic sports at the Esports Center of the Campus of the video game. The Councillor of Innovation and Entrepreneurship of the City of Madrid, Angel Niño, welcomes the launch of this II edition of the Madrid in Game Entrepreneurship Program, an initiative that helps create “a community around Madrid in Game where to foster the talent of startups and entrepreneurs”. “Especially in the first steps of a business idea, where more advice and guidance are needed,” has added, emphasizing that the Madrid consistory seeks to be “a support from all those people who innovate while creating wealth and jobs in Madrid.”
“The participation figures of the first edition make us very optimistic with the projection of this program and with the return that startups get after their passage through the Campus of Videogame”, points the councillor of Innovation and Entrepreneurship of the City of Madrid
Madrid in Game
Madrid in Game emerges as an initiative of the City of Madrid and accompanies the different actions focused on promoting the videogame industry and the gamification in the capital to turn it into a world reference factor of the sector. Madrid enters the game to continue to enhance the innovative capacity of the city, its professionals and citizens through two strategic pillars: Madrid Game Cluster, which unites the entire ecosystem of companies and training centers in the sector, and the Campus of the video game, which has an incubator – accelerator of projects, a high performance center of Esports and a pavilion of experiences. The initiative is present at national trade fairs and events in the sector, but has also been present at international reference meetings such as the Game Developers Conference of San Francisco, the Gamescom of Cologne or the Tokyo Game Show.
