Talent Platform Execution Labs Now Taking Applications for Second Cohort of Indie Teams
Slots Open as Initial Teams Launch Games, Secure Funding
Montreal, CA – November 7, 2013 – Today mobile gaming talent platform Execution Labs announced that it is taking applications for its second cohort of indie game teams. The year-old company, which combines the services of a seed stage investor, publisher, and accelerator, aims to attract teams of highly experienced game developers who want creative independence and the ability to benefit from their games’ financial success.
“For this cohort, we’re adding a second track to our program. We still have the ‘spin’ track, which is geared for game teams who want to spin out into their own indie studios once they complete the program. We’re now adding an ‘internal’ track, which is designed for developers who want the creative freedom to make the games they want to make, but who don’t necessarily want to run their own studios. They’re still independent teams, but they stick around after their games launch and continue servicing that game while working on their next project,” explained co-founder Keith Katz.
Double Stallion Games, whose beat-em-up Big Action Mega Fight! just launched globally on iOS, is a prototypical spin track team. The game studio just raised $150,000 from BDC Venture Capital in the form of a convertible note–an option available for all venture-ready spinoffs of Execution Labs–and is preparing for the next phase of their company’s development. “We’ve learned so much while at the Labs, both from a game development standpoint and from a business perspective. We know we’ll still get support from the Labs when we leave, but we’re ready to take the leap,” said Dan Menard, CEO of Double Stallion.
Execution Labs already has its first internal team in Pixel Crucible, a team from its first cohort that will launch its first game–dungeon crawler MacGuffin Quest–on iOS this month. Said team lead Remi Lavoie, “Remaining at Execution Labs as an internal team makes perfect sense for us. We can continue working on MacGuffin Quest and begin production of our next game while getting support from the Labs. Having in-house analytics, marketing support, and a steady stream of amazing mentors is incredibly valuable.”
Teams selected by Execution Labs get seed funding, office space, development tools, marketing and analytics support, and access to world-class mentors who rotate weekly through the Labs.
Teams interested in applying should visit http://executionlabs.com/en/apply .
About Executions Labs
Execution Labs is a first-of-its kind talent platform that helps independent game developers make games and bring them to market. The company’s goal is to enable experienced developers to become entrepreneurs and pursue their dreams of creative independence. It is based in Montreal with a business outpost in San Francisco and is backed by BDC Venture Capital, Real Ventures, and White Star Capital.