PapayaMobile Launches ?The Games Academy,? An Accelerator For Mobile, Social Game Developers

Mobile games network PapayaMobile is launching a new accelerator for mobile, social game developers called "The Games Academy," which will kick off in Q1 2012. Like most accelerators, Papaya will be providing developers with office space, support from a team of industry veterans, legal advice and an opportunity to pitch VC's. However, there won't be any seed capital provided, nor is the company taking an equity stake in the startups who join. Instead, Papaya only requires the teams use its Social Game Engine?in their game's development. Then at the end of the program, a "winning" team will be awarded with a grand prize of 100,000 guaranteed downloads.

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