10 years of funding and networks for the Finnish game industry
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10 years of funding and networks for the Finnish game industry, Tekes Skene - Games Refueled programme
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10 years of funding and networks for the Finnish game industry
- 1. 10 YEARS OF FUNDING AND NETWORKS FOR THE FINNISH GAME INDUSTRY in the game 2004–2014
- 2. TURNOVERof the Finnish Game Industry 2004–2014 Astronomical growth 2008 2007 2006 2005 2004 70 65 78 87 40 2014 2013 2012 2011 2010 2009 87 105 165 250 900 1800 ¢ In comparison, the turnover of the Finnish ICT industry was 8.3 billion euros in 2013. In that year, the Finnish game industry represented 10% of the turnover of the ICT industry. This share will very likely grow to almost 20% in 2014. From the point of view of national economy, the game industry has grown to be a significant part of the Finnish industrial landscape. TURNOVER 2004–2014 €3647 Million € Million
- 3. TEKES FUNDING to the Finnish Game Industry 2004–2014 Long-term risk sharing public funding ¢ During Tekes’ game industry specific programme, Skene – Games Refueled (2012–2015), Tekes has funded the Finnish game industry with 28 million euros (53 million euros with companies’ own share included). The total amount of private investments to Finnish game companies during Skene is 53 million euros (excluding the Supercell Gungho Softbank acquisition). In most cases these investments would not have been possible without Tekes funding’s leverage. The total value of financial transactions in 2012–2014 is 1.5 billion euros. TOTAL FUNDING 2004–2014 €67 Million 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2,7 3 6 5 6,3 6,5 8,6 14,1 8,4 5,5 0,9 € Million
- 4. Big impact with carefully targeted funding TEKES SUPPORT Percentage of the Finnish Game Industry Turnover 2004–2014 PERCENTAGE 2004–2014 1,84% ¢ Due to the rapid growth of the Finnish game industry, the relative share of Tekes support has decreased in 2004–2014. 2014 2013 2012 2011 2010 2009 2008 2007 2006 20052004 3,86 4,62 7,69 5,75 7,24 6,19 5,21 5,68 0,93 0,31 2,25 Percentage
- 5. Only for the best 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 16 12 26 19 21 23 23 33 43 25 10 Number COMPANIES RECEIVING Tekes Funding 2004–2014 ¢The number of companies in the Finnish game industry has grown from appr. 40 companies in 2004 to 260 companies in the end of 2014. Over 50 companies have received funding from Tekes’ Skene – Games Refueled programme in 2012–2014. This equals appr. 20% of the total number of companies.
- 6. Hi-tech industry EMPLOYEES in the Finnish Game Industry 2004–2014 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 1000 900 1100 1150 1120 1080 1250 1800 2200 2500 600 Number ¢The relative turnover (turnover per employee) of the Finnish game industry has grown much faster than in traditional industries. This is typical for born global IP-based hi-tech industry.