9 August, 2022
Indielab Games, the games industry accelerator company deeply committed to supporting the UK’s next generation of games businesses and the evolution of the industry, has today opened the application process for the Indielab South Yorks Games Accelerators. These two programmes, which will support Games developers and Games Tech providers across South Yorkshire, will be delivered in partnership with TEAM SY, a project part-financed by the European Union’s European Regional Development Fund and delivered in partnership with Barnsley Council and Capital Enterprise.
Additional support for the Indielab South Yorks Games Accelerators comes from the Screen Industries Growth Network, using public funding by Research England, part of UK Research and Innovation. SIGN, based at the University of York, is providing funding for two of the accelerators’ modules. The sponsors of the accelerators include Barclays Bank PLC and Harbottle & Lewis LLP; Harbottle will offer one-to-one consultations to the accelerators’ participating companies.
The application process is open to all early and mid-stage games developers & tech companies who are headquartered in South Yorkshire. The programme has been designed to facilitate and accelerate the growth of South Yorkshire’s burgeoning games sector. It will support the region’s pool of innovative games and tech developers by helping them to leverage their value proposition, fine-tune their business vision and explore specific growth opportunities.
Laura Bennett, Programme Lead and Super Connecter at TEAM SY said: “We are very excited to be partnering with Indielab Games to deliver two targeted Games Accelerator programmes for the SY region. Yorkshire’s digital industry continues to grow rapidly and TEAM SY is committed to providing the knowledge, support and expertise to enable start-ups and SMEs in the region to succeed.”
Curated in partnership with industry leaders from key organisations across the games sector, Indielab South York’s Games Accelerators will include masterclasses delivered by experts, including well-respected industry facilitators Oscar Clark and Ella Romanos, and speakers drawn from across the publishing, platform, streaming, investment, legal and financial sectors, including founders of leading games studios.
Funded by the TEAM SY project, the South Yorks Games Accelerators will be produced by Indielab Games who specialise in delivering growth accelerators for content creators. Since its foundation in 2015, Indielab’s programmes have been attended by more than 200 creative entrepreneurs, delivering on average an increase in growth of £450k per company across the following 18 months.
The Indielab South Yorks Games Accelerators will commence in October 2022 and will include masterclasses and seminars from industry leaders to help cohort companies to consolidate fundamental areas which drive decision making. Participants will be provided with a bespoke growth programme and expert advice on the key success factors for business growth and will address a range of areas, including a focus on routes to market, forecasting models, innovation and creative leadership, investment readiness and pitching to win. A focused investment-readiness strand will culminate in an investor pitch, for project investment or equity, open to all participants – an event that has historically delivered a 20% conversion rate across the Indielab’s cohorts, delivering numerous investment deals for creative businesses.
Victoria Powell, Indielab Games’ founder and programme director, said: “We’re really excited about enabling this growth for the games sector in South Yorkshire and working with partners from across the industry to help supercharge the potential of the region’s local studios. South Yorks is home to one of the UK’s top 10 games hubs and it’s a sector that’s growing rapidly. However, the picture for small developers is tough and there’s a real need to support emerging studios. For the region’s games companies, this is a fantastic opportunity to access masterclasses, seminars, contacts and market insight that will really help them grow their businesses.”
Feedback from cohorts who attended the Indielab Games West Yorkshire 2022 programme was unanimously positive. Andrew Crawshaw, founder of Thunkd commented “No matter how much you think you already know, the added value that you will receive from Indielab is priceless.” Whilst Nina Roussakoff, founder of Lovewish Games said “If you want to grow your games business, this is the place to be!”
The UK market for video games reached a record figure of £7.16bn in 2021 – an increase of +1.90% from the previous record of £7bn in 2020. Ukie’s annual games market valuation shows the consumer game software market was valued at £4.28bn in 2021. This means that spend declined by 6.32% in comparison to 2020 but has grown 11.4% in comparison to a £3.84bn total from revised 2019 figures. Game hardware saw a record year, with consumers kitting themselves up with new consoles, accessories and upgraded PC game components, driving hardware revenues up a further +17.4% year on year to reach £2.66bn in 2021.
Notes to editors
Criteria for applications
- The Games Developer Accelerator is open to games studios who are developing their own IP and have their company HQ based in South Yorkshire.
- The Games Tech Accelerator is open to companies whose core activity supports or services the Games sector and have their company HQ based in South Yorkshire.
Tuesday, 9 August : Applications open. https://www.indielabgames.co.uk/south-yorks-games-accelerator-2022
Thursday, 18 August: company briefing:
Wednesday, 14 September : Applications close at 5pm
About TEAM SY
TEAM SY (Technology Ecosystem Acceleration and Market-Making South Yorkshire) exists to expand and improve the start-up support and investment ecosystem in South Yorkshire by attracting and co-developing world-class pre-accelerator, accelerator, and investment readiness programmes for the region. TEAM SY is a project part-financed by the European Union’s European Regional Development Fund and delivered in partnership with Capital Enterprise and Barnsley Council. TEAM SY are committed to further growing the high value digital and tech cluster in South Yorkshire and making it one of the best regions in the UK to start and scale a business. The South Yorks Games Accelerators are one strand of TEAM SY’s wider programme of support for start-ups and SME’s in the South Yorkshire region.
For more information about TEAM SY, please visit: https://weareteamsy.org
About Northern Powerhouse
The Northern Powerhouse is the government’s vision for a super-connected, globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership.
For more information about Northern Powerhouse, please visit: https://northernpowerhouse.gov.uk
The European Regional Development Fund (ERDF) aims to strengthen economic, social and territorial cohesion in the European Union by correcting imbalances between its regions.
For more information about ERDF please visit: https://ec.europa.eu/
About Capital Enterprise
Capital Enterprise are the UK’s start-up experts, connecting & energising a world-class entrepreneurship ecosystem.
For more information about Capital Enterprise, please visit: https://www.capitalenterprise.org/
About Barnsley Council
Barnsley Council is committed to supporting local businesses to thrive through
early-stage support and opportunities to grow. Harnessing the enormous growth potential of the region, Barnsley Council’s ambitious local plan aims to nurture commercial development to ensure Barnsley is the place for entrepreneurship, for establishing thriving start-ups and for growing local businesses.
For more information about Barnsley Council, please visit: www.barnsley.gov.uk
The Screen Industries Growth Network (SIGN) is a unique, business-facing initiative supporting the TV, film and games industries in Yorkshire and the Humber. SIGN aims to make this region the UK’s centre for digital creativity, and a model of diverse and inclusive activity. In order to do this, SIGN connects companies, support agencies and universities through a programme of training, business development, research and evaluation. SIGN is based at the University of York.
For more information about SIGN, please visit: https://screen-network.org.uk
About Indielab Games
Indielab Games is a division of Indielab, the well-established and widely acclaimed provider of Accelerator programmes for the UK’s content creation sector. Through regional and national programmes that combine bespoke masterclasses, seminars, and events – all delivered by industry leaders and experts – Indielab’s programmes equip companies with the knowledge, skills and networks needed to achieve their full potential. Through workshops, lectures, panel discussions, networking events and one-to-one sessions, developers and studios gain valuable insight into, and training in, a range of subjects, including leadership, commercial innovation, business planning, distribution, revenue-stream maximisation, corporate finance and investment readiness.
In 2020, Indielab launched Indielab Connect, a social network and event platform for Indielab alumni. Indielab Connect is available online and as a downloadable mobile app.
For more information about Indielab Games, please visit: www.indielabgames.co.uk
For more information, please contact:
Amelia York at Indielab: