Creative England, Sony Europe investing $400K in new game studios

Newsbrief: Creative England, a British not-for-profit organization who invests in the country’s creative industries, has formed a new accelerator program with PlayStation to invest £250,000 ($413,400) in British video game companies. The program, called GamesLab Campus, is looking for five game studios in England to invest in, with £50,000 ($82,700) going to each company to make games for PlayStation 3, PlayStation 4 and PS Vita. The five successful studios will also receive mentoring and technical benefits from the program. Applications close on September 24.