Epic Games Announces No-Strings Funding For Unreal Developers

Unreal Engine is used by thousands of developers around the world to produce products both simple and sophisticated, and remains a very popular choice for developers working in the virtual reality (VR) and augmented reality (AR) areas. Epic Games have now announced that several developers and creators will receive funding via the latest round of Unreal Dev Grants.

Thirty seven developers and creative teams will receive a total of $1 million (USD) in funding that can be used for games, tools, training, healthcare, hardware or anything else that will aid the company or team in question.

The Unreal Dev Grants programme was originally established in 2015 as a fund for promising developers working with Unreal Engine 4. Awards can range from $5,000 up to $50,000, with no restrictions or conditions attached.

The latest round of Unreal Dev Grants is going to a large range of companies and projects, highlighting the diverse range of applications for the Unreal Engine, from software plugins and VR videogames to healthcare tools and education platforms.

“The Unreal Dev Grants program was designed to give studios and other developers a boost to bring their promising working prototypes to market, and to give back to the wider Unreal developer community as they use the engine in interesting ways,” said Chance Ivey, Partnership Manager at Epic Games.

VR remains a crucial part of the Unreal Engine portfolio, as Ivey points out: “This new round is our biggest yet, and we are blown away by the potential of projects like Kara Education, an AI-driven online educational platform for kids with hearing difficulties; VStore, a VR tool for quick and portable early dementia screenings; and Anima, a robust crowd simulation plugin for Unreal that can be leveraged by any game designer or VFX artist working with Unreal. Congratulations to all of these recipients on their exciting work; we can’t wait to see what’s next!”

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Further information on Unreal Dev Grants can be found on the Unreal Engine website. As usual, VRFocus will keep you updated on the latest news on Unreal Engine and Epic Games VR projects.