iLounge

iOS and Android game developer TinyCo has announced a new $5 million gaming fund to encourage mobile game development by providing developers with capital and resources to successfully launch their products. This new initiative, dubbed the TinyFund, will provide monetary assistance of up to $500,000 per title to game developers creating any type of game for the iPhone, iPad or Android platforms, including both paid and free titles.

TinyCo has launched five top grossing iOS games in the last year, including Tiny Chef, Tiny Zoo and Tap Resort. The company’s games have all appeared on the top 10 free game charts in the App Store and have received over 20 million downloads in total. TinyCo also recently closed a new $18 million funding round led by Andreessen Horowitz. Games that are supported through the TinyFund will receive access to TinyCo’s large and rapidly growing user base and TinyCo will offer marketing, development and business assistance to game developers as needed to assist with bringing their projects to the widest possible audience.

TinyCo is accepting applications from developers worldwide and games in any stages of development from early concept to completed games will be considered for support. Proposals will be reviewed by a specially selected team of TinyCo executives who will determine what funding and additional support may be required to produce the best possible games. Developers can submit their proposals at the TinyFund site; the company plans on announcing funding recipients in the third quarter of this year.