State of game industry austin for rtx

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  • 1. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com
  • 2. State of the Game Industry| Austin, Texas
  • 3. THE AUSTIN GAME INDUSTRY
  • 4. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Overview  Austin | Where gaming meets mobile and social.  3rd largest game development destination behind LA and San Francisco  Over 104 video game companies in Austin  The gaming industry increased over 155.41% from 2005-2010. (TXP 2012)  Captivate Conference in October  Over 7,000 video game jobs with an average industry salary of $81,192  Industry output of over $990 million  Texas | A business climate that encourages success.  2nd largest game development state behind California. (The Entertainment Software Association: http://www.theesa.com/facts/econdata.asp)  Cluster focused in Austin and Dallas/Fort Worth.
  • 5. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Companies
  • 6. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Organizations  Local Organizations  Game On! Texas  International Game Developers Association: Austin  GATP Gaming Strategic Industry Group (SIG)
  • 7. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Education & Training  Local Education & Training  University of Texas  Undergraduate Game Development Program – Computer Science  St. Edward’s University  Digital Media Management MBA  Austin Community College  Game Development Institute
  • 8. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin = Innovation Innovation. Creativity. Thought Leaders.  Innovation drives the Austin economy.  Austin’s Creative class  Young, high tech, and extremely educated work force. Austin offers a highly creative class mixed with a leading technology and innovative spirit.  3900 high tech companies with 101,521 employees  13% of all jobs and 11% of all companies
  • 9. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Funding & Resources  Local Support & Programs  Austin Technology Incubator  Over the past three years of the “Great Recession,” ATI has incubated over 50 companies and helped them raise over $70 million in investor capital; during that same 3 year period, ATI alumni companies realized over $300 million in exit value  Capital Factory  Premier entrepreneurial co-working space in downtown Austin
  • 10. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Events & Conferences  Local Events & Conferences  Global presence with conferences and events like SXSW Film, Music, and Interactive Festival. Official 2012 attendance hit 24,569 (from 72 countries), up 27% from 19,364 in 2011.  Captivate  Premier conference for online and mobile game development.  GDC Online 2011 hit record attendance of 3350, up 12% from 2010.
  • 11. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com
  • 12. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Funding & Resources  Local Incentives  Texas Moving Image Incentive Program – Texas Film Commission  Offers qualifying productions the opportunity to receive a payment of 5% to 17.5% of eligible Texas spending or 8% to 29.25% of eligible wages paid to Texas residents.  City of Austin  Number of jobs  Average Wage  Capital Investment  State of Texas
  • 13. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Austin’s Game Industry | Funding & Resources  Local Incentives Examples  Facebook – 200 jobs with an average salary of $50,000, no cap inv.  $200,000 from the City of Austin  $1.2 million from the State of Texas  Ebay – 1000 jobs with an average salary of $100,000, no cap inv.  $4.9 total incentive from City/State  Apple – 3600 jobs with an average salary of $53,000, $300m cap inv.  $8.6 million from the City of Austin  $21 million from the State of Texas  Samsung created 900 jobs, $2.5b cap inv.  80% property tax rebate from the City of Austin  $10 million from State of Texas
  • 14. AUSTIN REGIONAL OVERVIEW
  • 15. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Quick Facts| A few quick facts that make Austin the city it is today…  Population  1.8 million (2.0 million by 2015)  Population doubles every 20 years  Labor force: over 900,000  Location  Texas State Capitol  Conveniently located in the Central Time Zone and centrally located in the Texas triangle between Dallas, Houston, and San Antonio. 80% of Texas population.  Economy  Best performing economy in the US.
  • 16. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Dallas – 191 Miles (3 hours) Houston – 165 miles (2 hours 45 min) San Antonio – 80 miles (1 hour 15 min)
  • 17. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Best Places | Austin continually ranks at the top of every best places lists. These are just a few… As a composite: Austin is the youngest, smartest, safest and fastest growing city.  Austin is America’s No. 1 “Boom Town.” (Forbes, 7/6/11)  Austin is the No. 1 “Best City for the Next Decade.” (Kiplinger’s Personal Finance, 7/10)  Top 10 on “Best Places for Business and Careers.” (Forbes, 4/14/10)  No. 2 on “America’s Most Innovative Cities.” (Forbes, 5/24/10)  No. 1 city in the US for the “creative class.” (author/economist, Richard Florida)
  • 18. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Business Climate  Continually ranks best business climate in the US.  No personal income tax.  State and local tax burden is low. (34th)  Political climate is pro-business  Texas created more jobs than any other state in the past 10 years. (over 1m, 7-8 times the next highest state)  As of September 2011, Texas was only one of 6 states with more net new jobs than 4 years ago. (pre-recession)
  • 19. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 Source: U.S. Bureau of the Census & Texas’ Office of State Demographer. Austin MSA Expected Population Growth
  • 20. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com Cost of Living | Cost of Living Index (2010) *Within the New York MDiv, only Brooklyn, Manhattan & Queens participate in the COLI survey. Source: Council for Community & Economic Research. 0 25 50 75 100 125 150 175 200 225 Atlanta MSA Austin MSA Chicago MDiv Denver MSA Los Angeles MDiv Nashville MSA NY (Manhattan)* NY (Queens)* Orlando MSA San Francisco MDiv United States
  • 21. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com A premier quality of life There’s never a dull moment in Austin, Texas  Unparalleled outdoor recreation, culture, music, sports, golf, shopping  300 days of sunshine; Miles of cycling and running trails, rock climbing, river rafting, and kayaking  Best golf courses in Texas  Museums and festivals throughout the year  Live Music Capital of the World – Over 200 live music venues  UT football, Austin Toros, Round Rock Express
  • 22. Austin Chamber of Commerce | 210 Barton Springs Road, Suite 400 | Austin, TX 78704 austinchamber.com “…Austin has earned a reputation as one of the 'it' cities in the United States. (It) features that rare combination of ideal geographic location and beauty. Its fine dining, world-renowned hospitality and excellent transportation infrastructure make Austin ideally suited. Few cities, if any could rival the connectivity of all these key elements needed for hosting a Formula 1 event as well as Austin.” -Tavo Hellmund Chairman, Formula 1 USA
  • 23. Stephen Kreher | Director, Economic Development 512.322.5681 | skreher@austinchamber.com @stephenkreher Austin Chamber of Commerce | www.austinchamber.com