Meta launched Oculus Publishing Ignition, a rapid prototyping fund to support newly formed studios. Meta intends to support teams as they design and build their next hit games and expects to fund up to 20 Ignition teams before the end of the year.
Interested teams can apply starting until September 1, 2024, or sooner if the fund is exhausted. Application form HERE
If the application is approved, the team will receive:
3 Paid milestones at three month intervals, six month total timeline; Meta will consider requests for all funding amounts, provided that final grant award amounts will depend on the amount requested, the individual pitches presented and the specific needs of the proposed prototype
Oculus Publishing prototype and game concept review and consultation, with potential for additional funding on fully-scoped game
Retention of full IP, code, assets, design and distribution rights; Meta will receive a limited license to use submitted content in connection with marketing, industry events, social media posts and similar uses
Introductions to top-tier startup VC funding partners
For Ignition, Meta focuses on game concepts that target the midcore player—more mainstream than niche and broad in scope with compelling Quest 3 interaction mechanics.Meta is looking for mixed reality concepts, as well as conventional VR, and have enhanced interest in simulation games, active sports, and accessible social titles.
Eligibility
Veteran team member backgrounds with strong pedigree of shipped titles.
Recently established and incorporated team (April 2023 or newer).
Original concepts only, no licensed games.
Grant program subject to full Terms and Conditions.