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"The convergence of telecoms, media and creativity provides a major opportunity to South Yorkshire, where the foundations of a strong creative cluster already exists.
Creative Net is the brainchild of Inspiral, the Sheffield based creative industries agency.
"Our role as an agency is to ensure that the content creators benefit from the support available as we continue to be an area of manufacturing.
Applicants need to prove to Inspiral that their business's turnover could break the 150,000 barrier by the end of the second year of the programme, and be turning over more than a million pounds a year by the end of the fifth year. But the search is on for more.
"This is a pilot scheme for public intervention to ensure South Yorkshire continues to develop as a centre for creating, designing and producing content for the digital economy.
Yvonne O'Donovan, Inspiral chief executive, said: "We have been very encouraged by the high calibre of applications received to date.
It is the first scheme of its kind to be aimed at the creative, cultural and media industries, and is designed to help companies that have a high growth potential.
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have the capacity, skills and craftsmanship to make creative content in the same way we have traditionally been a key part of the manufacturing base of the industrial revolution."
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"The turnover level we're expecting people to meet proves the validity and potential of the creative and cultural sector.
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The search is on for ten creative businesses with the potential to earn a million pounds a year to take part in Creative Net a new business support scheme.
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