It will be provided by the Strategic Investment Fund and will go towards efforts to protect the UK's role in this growing sector.
The money aims to create 30 new companies and stimulate the creation of at least 400 new jobs throughout the UK.
In addition, it is hoped that the investment will develop the skills of an additional 300 workers.
Sion Simon, minister for creative industries, claims that the money will help to support the steps that will enable the UK to take full advantage of the industry's future.
He says: 'With continued support from government, we help secure the future of the video games industry so it can continue to fly the flag for UK's world-leading skills in design, technology and innovation.'
Dame Wendy Hall, professor of computer science at the University of Southampton, recently claimed that the government's Digital Britain report is not ambitious enough.
The money aims to create 30 new companies and stimulate the creation of at least 400 new jobs throughout the UK.
In addition, it is hoped that the investment will develop the skills of an additional 300 workers.
Sion Simon, minister for creative industries, claims that the money will help to support the steps that will enable the UK to take full advantage of the industry's future.
He says: 'With continued support from government, we help secure the future of the video games industry so it can continue to fly the flag for UK's world-leading skills in design, technology and innovation.'
Dame Wendy Hall, professor of computer science at the University of Southampton, recently claimed that the government's Digital Britain report is not ambitious enough.
