The Knight Foundation, a US-based foundation, is currently holding its Knight News Challenge, giving away $5 million for grants in digital, open-source innovation.
The last day to submit applications for funding is November 1st, and I wanted to make sure to give my readers the heads up before others.

Applications for the 2008-09 Knight News Challenge must follow three simple rules:
1. Use or create digital, open-source technology as the code base.
2. Serve the public interest.
3. Benefit one or more specific geographic communities

In their words:

“If you have a great idea that will improve local online news, deepen community engagement, bring Web 2.0 tools to local neighborhoods, develop publishing platforms and standards to support local conversations or innovate how we visualize, experience or interact with information, we’d like to see it! You have the opportunity to win funding for your project and support within a vibrant community of media, tech, and community-oriented people who want to improve the world.”

If you think that your idea fits the above criteria, apply now!

This entry was posted on Friday, October 17th, 2008 at 12:35 pm and is filed under Events, Startups. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.