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How to Create a Long Term, Sustainable Games Industry in Three Easy Steps.

Barry O’NeillOther Ventures

Monday, 1 November 2010

“Ireland’s Vibrant Digital Media Portfolio.”

Quote - Barry O’Leary, CEO, IDA All marks © their respective holders.Monday, 1 November 2010

Quote - Barry O’Leary, CEO, IDA All marks © their respective holders.


European “HQ”

Operations Centre

Finance Centre

Support Centre

Data Centre



Creative Centre

Skunkworks

Design Centre

R&D Lab

New Studio


Three Easy Steps


Three Easy Steps

1. Encourage inward investment in games development.

2. Attract creative talent to foster local talent.

3. Encourage new enterprises.


Step 1 - Incentive for Inward Investment

✴ Games Tax Credit.

✴ 25% of qualifying expenditure on a project basis - offset against corporation tax, or offered as a rebate.

✴ Qualifying expenditure? Production, Infrastructure, Capital Items, Talent.

✴ Make Ireland a great place to make a game.


Step 2 - Attract the Talent

✴ Key Talent Incentive.

✴ Fast track visa for key talent.

✴ Relocation incentives and special tax treatment.

✴ Talent breeds talent.

✴ Ensure Ireland has an broad base of international caliber talent.


Step 3 - Foster Entrepreneurship

✴ Super-BES - Games Industry Incentive Scheme.

✴ Similar to BES but increase limits for companies and Investors. Allow Corporate Investment.

✴ Reduce the relief qualification period to 3 years.

✴ Allow investors avail of capital loss relief.

✴ Stimulate investor interest, generate indigenous start-ups.


Three Easy Steps

1. Encourage inward investment in games development.




Three Easy Steps1. Encourage inward investment in games

development.



4. Ireland’s favourable IP regime.

5. Ireland’s favourable corporation tax.

6. R&D Incentives and credits.


Create the most attractive environment for games

production globally.

Create a long-term sustainable games industry.


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