Olivia Parker
Nov 21, 2018

Google launches 'new ideas' fund for APAC news outlets

The company is inviting proposals from journalists and publishers in the region and says it will fund its favourites.

A still from the Google News Initiative explainer video
A still from the Google News Initiative explainer video

Google has announced a new funding pot for journalists and publishers in Asia-Pacific that will support "fresh approaches to reporting" and "new business models". Selected projects will receive up to $300,000 in funding, and Google will finance up to 70% of the total project cost. 

The Asia-Pacific GNI Innovation Challenge is part of the Google News Initiative (GNI), a program Google launched in March this year to support quality journalism around the world by both helping publishers source sustainable income streams and combatting the spread of 'fake news'.

The GNI sees Google work with news organisations in three main ways: training journalists to use products like Google Trends and Fact Check; collaborating with media companies to solve business challenges (the GNI helped the South China Morning Post build a VR project telling the history of Hong Kong, for example); and allowing media outlets to apply for funding for innovative projects. 

In the newly launched scheme for Asia, regional publishers will be able to submit proposals for any projects involving ideas that aim to increase revenue from readers, "such as subscriptions, membership programs, contributions and/or new digital products and services", according to Google's release. 

These will be assessed by a panel of Google employees and other tech-industry executives, who will look for certain specific criteria that includes "a sharing component" to proposed projects, such as the publishing of any findings. 

Applications open on November 28 and close on January 9. Google will hold an APAC Town Hall on December 11 at 3 pm (HK/SG time) for any questions. 

Related Articles

Just Published

1 day ago

Dentsu organic revenue declines 2.4% in 'encouraging...

Organic revenue fell 0.9% in Japan and 3.5% internationally in the first quarter, but overall underlying profit grew 20.8% as margins improved.

1 day ago

Singed by antitrust fine, Alibaba posts first ...

The tech giant posted an operating loss of RMB 7.6 billion ($1.1 billion) due to a RMB 18.2 billion ($2.78 billion) fine levied by China’s market regulator.

1 day ago

Thai mom-and-pop shops get a free geo-targeted boost

With help from Dutchmill Group and Wunderman Thompson, more than 200 micro retailers are starring in their very own ads and enjoying higher revenue. This delightful initiative has made Ad Nut's week.

1 day ago

Campaign Crash Course: Tips for marketers to tap ...

As marketers look for more effective ways to target consumers, gaming is rapidly emerging as a great way to catch their attention. Here's how marketers can tap this opportunity.