The Multimedia Development Corporation (MDeC) has kicked off its eighth MSC Malaysia Intellectual Property Creators Challenge Series (IPCC) competition.
The MSC Malaysia IPCC 2014 is a platform to fund multimedia companies and individuals with creative talent.
The competition is open to amateurs and professionals from the creative multimedia industry, allowing them to submit and pitch their creative content ideas, which then gives them a chance to receive funding for their winning ideas.
Themed I Love Comedy, the competition maintains its three categories: animation, casual games and digital interactive comics.
This year, the animation and casual games categories will receive an increase of RM10,000 in grant amount each, from RM50,000 to RM60,000. However, the projects funded under these categories will reduced from 10 to 7.
In the digital interactive comics category, the grant amount will remain at RM25,000, while the number of projects to be funded has increased to 6 in 2014, from 5 in the previous year.
MDeC vice president of the creative multimedia cluster Kamil Othman said, “The vast economic potential of the creative multimedia industry allows for the sector to be one of the significant contributors to MSC Malaysia’s revenue, with RM6.39bil contributed in 2013.”
He added, “Our focus in developing the sector into becoming one of the growth engines for the country, by targeting the core – both the budding digital content producers as well as established creative multimedia content creators through platforms such as the IPCC will allow us to unearth and enhance the capabilities of local talents.”
IPCC 2014 will be organising a series of workshops and talks from international and local industry experts to assist the new IPCC 2014 participants, as well as the previous grants recipients in the development and monetisation of their projects, on topics including include financial, production management, pitching, marketing, licensing, merchandising, creative and technical aspects of creative multimedia content.
A workshop was held in Kuala Lumpur on August 27. There will also be workshops in the following locations: Penang - 10 September 2014 at Four Points by Sheraton Penang Kuching - 15 September 2014 at Hilton Kuching Kota Kinabalu - 23 September 2014 at Sabah Animation & Creative Content Centre (SaC3)
“Providing industry insights and sharing platforms with experts in the field will enhance the capabilities of our local talents, as invaluable inputs and sound advice can be shared. The best people to deliver this are of course the dynamic industry players and the market leaders themselves,” added Kamil.
IPCC has been a successful platform for content creation and acceleration for local talents where locally owned intellectual properties can be identified and developed.
Since the first IPCC in 2006, 222 individuals and companies have received a total of RM8.7mil in financial support in addition to training and development programmes.
In 2013, there are 22 projects in development amounting to RM1mil of value committed, and these will be ready by September 2014. IPCC runs from August 1st to Sept30th 2014. For more information on IPCC 2014, please visit www.mscmalaysia.my/ipcc