I stumbled upon this in one of my news feeds and felt the need to share it. IGDA Seattle posted about it. I think it's a very good idea and hope to see some good stuff come from it. The basic idea is that an indie team can apply by submitting a demo version of the game they want to create. If approved, HouseOgames will provide living expenses in shared housing for 1 year while your team develops the game. You'll have access to industry professionals and resources while they help you start your company. Sounds pretty awesome to me!
http://houseogames.com/
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