How a group of industry veterans rescued the National Videogame Arcade

Nottingham's innovative gaming institution was facing closure barely a year after it opened - until its founders called to the development community for help

In August it looked like game over. The National Videogame Arcade, a fascinating institution that opened in March 2015 to promote the cultural and economic significance of games, was facing closure. Although the large building in Nottingham's creative quarter attracted plenty of visitors with its mix of classic arcade machines, specialist interactive installations and events, it was not turning a profit. Meanwhile there were 40 staff to pay and a large rented building in central Nottingham to maintain. Over the summer, directors Iain Simons and Jonathan Smith made the decision to call in an insolvency firm.

"It became horribly clear, horribly suddenly, that we weren't going to be able to pay salaries," says Simons, who has been creative director of the GameCity festival, which spawned the NVA, since it began a decade ago. "We sat down with everyone individually and told them. We asked everyone if they would work for deferred payment in order for us to get a plan together. This was in the middle of the summer season, our busiest time - and every single member of staff came back to work. We stayed open seamlessly while this all took place; the only reason we've been able to survive is because the staff cared about it so much."