Google Digital News Initiative Stories October 22, 2015

Google offering no-strings startup grants for innovative digital journalism projects

It’s not every day that a digital startup gets offered between €50k and €1M ($56k to $1.2M) in funding without having to hand over a single share in return, but that’s exactly what Google has today announced in Europe.

The company is offering grants – not loans or investments – to companies looking to innovate in the field of digital journalism.

The DNI Innovation Fund aims to tackle that problem by providing non-refundable support for projects that demonstrate new thinking in the practice of digital journalism, that promote the development of new business models or maybe even change the way users consume digital news.

The fund, which opens for applications today, is part of a Digital News Initiative first announced back in April. It was promoted by Google finding itself in conflict with a number of news organizations concerned that it was effectively stealing their content. The company has since been working hard to attempt to make friends with publishers.

Photo: AP Photo/Marcio

Google Digital News Initiative Stories April 28, 2015

Google hasn’t always enjoyed the best of relationships with news websites, publishers arguing that search results often show a large enough excerpt from the story that people don’t need to click through to the site, especially within the Google News tab. This has been especially true in Europe, where non-English publications are fighting for a much smaller potential readership.

The conflict came to a head in Spain last year, where the government passed a new law which would have required it to pay Spanish news sites for the excerpts shown in its search results, and Google responded by closing Google News in Spain. Although an unofficial compromise was found, grumblings by news sites have continued.

Google now believes its Digital News Initiative offers a three-pronged approach to tackling the “truly radical and challenging changes” being experienced in the media business within Europe …  expand full story

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