Spanish government gives indies funding boost with new $7.9M grant
The Spanish government has established a €6.5 million ($7.9 million) grant to help nurture the country's indie development scene.
It's a notable move, particularly because it comes just a few weeks after Spanish minister Alvaro Nadal reportedly attempted to cancel a €2 million ($2.4 million) European Union grant that would provide smaller studios with sorely needed cash..
As reported by Polygon, the new grant will be made available to games companies with an annual turnover of under €2 million ($2.42 million) per year, letting them apply for up to €150,000 ($182,000) in funding.
It's also worth pointing out that anyone looking to use the grant must have been in business for over six…