Take-Two's mid-tier publishing label Private Division is launching a brand new fund for developers.

As reported by GamesIndustry.biz, the imaginatively-named Private Division Development Fund is an on-going initiative that will be providing smaller studios with financing and guidance. The projects receiving this money aren't going to be published by Private Division, however, instead being self-published.

"Since we announced Private Division five years ago, we've seen a number of promising game ideas from smaller teams that didn't quite fit with our full-fledged publishing model," Private Division's head of biz dev Blake Rochkind said.

"We knew we could not simply have a one-size-fits-all approach in today's world. We never like to say 'no' to an incredible game concept due to the size of the project, and the Private Division Development Fund enables us to identify and support some of the best creative ideas our industry has to offer."

In a separate interview with GI.biz, Rochkind said that the fund came about as it simply wasn't able to publish all the projects Private Division saw. 

"We see tons of amazing games and we've seen tons of amazing pitches from smaller, maybe less proven developers than what we typically work with," he said.

"But [they] still had tremendous potential and so we wanted to establish this fund as another way to make sure that we don't pass on a great thing."