Google News unveils its Asia Pacific Innovation Challenge
The initiative offers up to $300,000 to selected projects which aim to increase revenue from readers
Google News has unveiled its Asia Pacific Innovation Challenge, to fund projects which aid in promoting quality journalism and increase revenue from readers, according to news reports. The initiative will invite proposals for projects from news organisations, which aim to increase revenue from readers, through memberships, subscriptions, contributions, and new digital projects and services.
Applications will be open from November 28 and the deadline for submissions is January 9, 2019. In additions to this, An APAC town hall will be held on December 11 at 3 pm Singapore time for any questions related to the Asia-Pacific Innovation Challenge. The funding will be reviewed against several criteria, including a “sharing component” - for example by publishing any findings or holding a seminar - so grantees can pass their knowledge to others in the industry
According to reports, Kate Beddoe, Head of News and Publishing Partnerships, said in a statement that "A panel of Googlers and other tech industry executives will review the submissions and fund selected projects up to $300,000 and finance up to 70% of the total project cost. "The funding will be reviewed against several criteria, including a “sharing component” - for example by publishing any findings or holding a seminar - so grantees can pass their knowledge onto others in the industry."
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