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next-gen GEORGIA
Georgia is an emerging hot spot in the high-tech digital media and interactive entertainment industry and is poised as a global center of excellence. Digital media and entertainment software are significant elements of the creative cluster for Georgia and is growing at a remarkable rate.
Video Games Sector – Console Development, Online Games, Social or Casual Games, Natural movement based games, Augmented Reality, and Edutainment
3D technologies - 2D to 3D Stereoscopic Conversion, 2D and 3D Animation, Visual Effects and Motion Graphics & Motion Capture, Immersive entertainment
Advanced Technologies – Cloud Computing, Mobile Technology, Social Media, Digital Distribution-Entertainment
Georgia offers you the optimal conditions and the best talent to help you succeed.
The new Georgia Entertainment Industry Investment Act provides digital entertainment producers, including video game companies based outside of the state, tax credits on products developed here. Qualifying game developers or publishers are eligible to receive a 20% base tax credit on all qualified expenditures within Georgia, such as labor, materials, and services, as well as an additional 10 percent tax credit if the client is willing to place a Georgia promotional logo within the video game product.
An additional incentive provides for a Sales and Use Tax Exemption of up to 8% on all qualified expenses.
gEORGIA’s eNTERTAINMENT sOFTWARE INDUSTRY
Here are some recent facts about Georgia's growing videogame industry (updated 8/09):
Over $28 million dollars was invested in FY '09'
The economic impact on the above investment was $142 million dollars
Over 1600 employees in the state
Over 60 video game developers and development companies in the state
Over 2,000 students taking video game development courses or full-blown 4-year curriculums in the state; SCAD is now offering a Master’s degree program.
Several international game development companies have recently located in Georgia, including Transgaming from Canada, Menue from China and CCP Games from Iceland.
Catch the latest glimpses of Global Agenda's fast-paced, futuristic spy-fi world — where knowledge is power, technology is a race and everyone has an agenda.
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