Funding improbable beginnings

A post by Susan Mernit reminded me that the deadline to for a spot in the 2009 edition of the Knight News Challenge is looming.

A piece of $5 million is up for grabs for projects submitted by Nov. 1 and that then make the check cut. This is the third year in the five-year plan to give away $25 million for projects "or innovative ideas that develop platforms, tools and services to inform and transform community news, conversations, and information distribution and visualization."

I suspect my idea of a mountain retreat to restfully muse on the future of journalism  from the comfort of a rocking chair is destined to be rejected.

Nonetheless, the rules are simple:

  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.

Think about it. Some $25 million from the John S. and James L. Knight Foundation funding the invention of no less than the next era of Journalism -- with bets on the risky end of commercially improbable (at least today).

These are projects that venture capitalists and angel investors aren't clamoring to bankroll -- if they're still clamoring at all in the current economic climate. In some cases, these are projects, the crazy idealists couldn't get their own employers to fund because, well, they're crazy idealist journalists and their ideas couldn't pass an accountant's smell test in a perfume factory.

But they are ideas from people with a dream and a passion. One or two or a dozen or more -- accountants be damned --  will develop into tremendous successes aped in market after market. The lessons learned even from those that just come and go will become the experience cement blocks upon which the coming new era of Journalism (with a big "J') will be built.

What's the coming new era of Journalism? Fund my rocking chair retreat and I'll let you know in the by-and-by, but meanwhile, I'm browsing the 2007 and 2008 grantees for clues.

Related Entries

Leave a comment

Recent Entries

  • DIY blueprint: Creating a media venture in a weekend

    Great behind-the-scenes piece from search engine expert Danny Sullivan on the launch of laid-off newspaperman Greg Hernandez's Greg in Hollywood blog.Basically a tool-kit for doing...

  • Carl Malamud for Public Printer of the U.S.

    I can't think of anyone more qualified in the Digital Age to be the government's head printer than Carl Malamud.Find out about his campaign to...

  • Journalism is not a federal earmark

    Dave Winer, a guy who loves news and, who among his many pioneering achievements, put the New York Times into RSS, says the newsroom curmudgeons...

  • Records behind bars

    SPJ has joined an open records battle in Tennessee. INDIANAPOLIS - The Society of Professional Journalists has joined an amicus brief written by the Tennessee...

  • Reading is fundamental

    Read The Bill from Sunlight Foundation on Vimeo.It's not a novel, but it would be novel to read legislation before it's voted on. There's...

Activity Stream

  • Jack D. Lail tweeted, "[ Reader] Would You Pay to Read This Story? - The Daily Beast: Shared by jack Yet another take on pay m.. http://tinyurl.com/df9jzo"
  • Jack D. Lail shared Would You Pay to Read This Story? - The Daily Beast from www.thedailybeast.com
  • Jack D. Lail tweeted, "@RobRichards I caught up with the Daily Show piece on CNBC. He nailed them. They are parodies of themselves."
  • Jack D. Lail tweeted, "CNBC seems reactionary shrill. Declares stimulus a bust. It's barely started. Did somebody sit on their bonus?"
  • Jack D. Lail tweeted, "Houston and San Antonio newspapers might merge? http://tinyurl.com/addrnc (via @FrankStrovel)"
More ...
Close