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Video game developer gets $4 million

Apr. 12, 2010

Local video game maker Silicon Knights is getting a $4 million grant from the federal government's Community Adjustment Fund.

The money will be used to create a new high end video game for the mass gaming market and will create 65 additional jobs.

"This is going to benefit Silicon Knights in ways that are profound and long-lasting," said company president Denis Dyack.

The announcement was made Friday by MP Rick Dykstra at the company's offices at 1 St. Paul Street in downtown St. Catharines.

Dyack said there are only a handful of developers worldwide making AAA products, or top tier titles. The company is hush hush about its new project, which will take an estimated two to five years to develop.

Dyack expected the project will translate to other jobs in the future.

"We are blown away and we're happy with the support we're getting."

 

More to come...

 

Please see story in The St. Catharines Standard at:

http://www.scstandard.com/ArticleDisplay.aspx?e=2527821&auth=Standard%20Staff