According to GamesBeat's Saleem Khan, Canadian gaming startups can look forward to receiving private support from a Montreal incubator program as early as this summer. Real Ventures partner Mark McLeod announced at the GameON Finance conference in Toronto last week that the FounderFuel accelerator program will launch this summer.
The effort shows that the Canadians are bent on embracing games as a way to create new startups and jobs through financing and incentives. In fact, the Canadians have launched an all-out effort to lure American game companies, giving incentives. Electronic Arts and THQ are among those building big game studios in Canada as a result. With FounderFuel, small companies can benefit from Canada’s interest in games as well.
The program will last for 12 weeks and offers funding up to $50K along with mentorship to test the viability of ideas.
Real Ventures launched its fund in October 2010 and Techvibes included the founders on our Digital Media People to Watch in Quebec list earlier this month.