Indie developers in need of funding can now apply for scratch from the Indie Fund, the funding source set up by indie darlings including Braid's Jonathan Blow, World of Goo developer 2D Boy's founders and Kellee Santiago of Flower dev thatgamecompany.
The Indie Fund seeks games which will "contribute to the medium of games in some way"--so no "new spin on match three, a game based on licensed IP, or a clone of an existing game." Funded developers will "get to keep the vast majority of the revenue once the investment is repaid" and "maintain 100% control over [their] IP."
"We raised enough money to fund 5 or 6 games over the next 2-3 years," it reveals, on budgets similar to Braid and World of Goo's--$180,000 and $120,000 respectively. "If all goes well we will raise a second, larger round when this one comes to an end."