Awakening of Heroes among 12 Most Innovative Enterprises

COFA Games is proud to announce that Awakening of Heroes MOBA Game has just been selected for funding, by the Innovation Fund, among the strong competition of the most innovative enterprises in Serbia. Recognized as a project with a potential to compete globally, the game will be supported by the EU Instrument for Pre-Accession Assistance (IPA) and the World Bank, which will provide additional boost to its development process.

Independent International Investment Committee has been carefully studding more than 140 top-end innovative projects, in order to choose the best 12 for financing. A part of the funds, administrated by the World Bank, went to COFA Games, for its innovative video game, which is currently in the prototype phase. As the Chairman of the Independent Investment Committee, Vladeta Marjanovic explains, projects selected for financing have capable entrepreneurs and clear development plans that have potential to compete on globally.

The main goal of the Serbia Innovation Project is to strengthen Serbian companies by supporting knowledge based development, said Tomislav Jovanovic, Minister of Education, Science and Technological Development. To date, 6 million Euros has been dedicated to support 41 Mini Grants and 12 Matching Grants projects in Serbia. COFA Games is very grateful for this valuable help that is going to ensure stable development of Awakening of Heroes Game.The project is financed by the Innovation Fund, within Innovation Serbia Project funded by EU IPA I 2011 and administered by the World Bank.