Epic Releases $100 Million in 'Mega Grants'

blog post | March 29, 2019 | by Edward Quintero

epic-megagrants-.jpg

Last week at GDC (Game Developers Conference), an opportunity of a lifetime for UE4 developers was unveiled. Epic Games announced $100 million dollars in ‘Mega Grants’, to be awarded to those individuals using Unreal Engine for game development, enterprise, film, education and open source project. Yes you read that correctly. One Hundred Million dollars. Oh. My. God.

According to Tim Sweeney, CEO of Epic Games, The funds will be awarded to developers with no strings attached.

Paragon-Facebook-1200x630.jpg

This is huge news, and Epic expects these investments to help fuel development of new tools, technology and experiences that will no doubt, help propel Unreal Engine into the world leader of real-time platforms.

Epic Mega Grants will range from $5,000 to $500,000 which includes projects built using Unreal Engine but also will include outside projects that deal with open source 3D Content creation.

The grants are possible because of the successful streak Epic Games has enjoyed in the past several years, thanks to the unprecedented success of their hit game Fortnite, as well as the continued popularity of Unreal Engine.

Visit the Epic Games website for more information about the grant program and how to apply.