Do you have a new journalistic project? GOOGLE funds you
Much has been made of the enmity between the Internet giant and European media. But in recent months the situation has been redirected, with Google you are willing to show that does not harm the economic interests of publishers, but help their business flourish. Accelerated Mobile pages, Google News now Lab and Innovation Fund, within the Digital News Initiative, are some of the most outstanding projects.
Google has launched a fund of 150 million euros for investments in digital journalism experiments in Europe. The fund is part of News Digital Initiative, a project launched in April with the intention to loosen relations with European-based economic aid for innovation media.
The DNI Innovation Fund will invest over the next three years in three types of journalistic projects. The prototypes, which are those that require funding 50,000 euros are financed at 100%. Medium, up to 300,000 euros, up to 70% of the total cost, and large, the financing exceeds 300,000 euros and the ceiling is EUR 1 million, also up 70%.
Google announced that there will be at least two application rounds per year. The first term ends on December 4 and the second will begin in spring 2016. The company projects seeking must “demonstrate new thinking in the practice of digital journalism”, “support the development of new business models” or “Change the way users consume digital news.” At the moment already they have been registered more than 120 organizations across Europe.
As reported “Nieman Journalism Lab,” a group consisting of Google employees and executives from European companies such as Spiegel Online and Telegraph Media Group oversees the application process and deciding who gets the money.
It is not the first time Google launched an initiative of this kind. In 2013 it allocated a fund of 60 million euros to help drive innovation in the French media. In the last month, its intention to help publishers has increased with the launch of Mobile Pages Accelerated or the agreement reached with “The New York Times” to distribute to their subscribers over a million viewers virtual reality. He has also stated his intention to sit down with the means to improve the ads and stop blocking ads