Green Grey and 1518 Studios will invest up to $750,000 in gaming startups as part of the MIPT accelerator

Accelerator of MIPT “Phystech.Start” opened the GameTech direction with the support of Green Grey and 1518 Studios. Its participants — gaming startups — will receive up to $750 thousand of investments in total. The organizers are waiting for applications from projects at the MVP stage and above.It is expected that up to 25 startups will participate in GameTech in three areas: games, mental health products and educational services with gamification.

The acceleration program will run for three months. During it, participants are promised support from gaming experts and IT business growth specialists.

In total, within the framework of the game direction “Fiztech.Start” plans to find 3-5 startups. Each of them will receive investments from partners in the amount of $ 100-150 thousand. At the same time, the Startech venture fund.vc is ready to act as a lead investor in case participants need a round for a large amount.

There are no specific criteria for the selection of projects either for getting into the accelerator or for further investment. But it is noted that the accelerator partners will not take a share for entering the project.

Applications for participation in the accelerator are accepted until September 10. The program itself will last until December 15 and will end with a speech by participants at the Demo Day networking event, where they will present their projects and will be able to share the investment fund.