Meta announces the creation of a multimillion-dollar XR Development Fund in order to support newly established studios. - Road to VR
Meta Announces “multi-million dollar” XR Development Fund to Boost Newly Formed Studios
This week, Meta announced the launch of the Oculus Publishing Ignition fund to support newly formed XR studios. The fund offers money for VR and MR prototypes, with the possibility of further funding to develop them into full games. Meta is specifically targeting XR studios established after April 2023 and plans to fund up to 20 teams by the end of 2024. Interested studios can apply for the fund until September 1st, 2024. For more details, visit the full story on Road to VR: [source link].
Source: https://www.roadtovr.com/meta-oculus-publishing-ignition-xr-development-fund/