A messy work desk with papers, cables and coffee
Business

Innovation Fund for Regional & Small Publishers

Funder:  Federal – Australian Communications & Media Authority

Grant Background: The Regional and Small Publishers Innovation Fund (the Innovation Fund) has been established by the Government to support regional and small publishers to transition to and compete more successfully in the evolving media environment. The Innovation Fund will preserve and improve the viability of Australia’s regional and small news publishing industry in the current period of transition.

The Regional Grant Opportunity is a new grant opportunity under the Innovation Fund that is targeted at regional publishers of public interest journalism.

The objective of the Opportunity is to provide regional publishers with the financial security to conduct their business in the medium term so that they can take calculated risks to reorient their business models to adapt to the digital age. The grants are designed to assist regional publishers who can demonstrate a solid business case to increase the sustainability of their publishing activities, including news gathering, production, and distribution.

This objective recognises the specific challenges faced by regional publishers in comparison to metropolitan publishers.

The intended outcome of the Opportunity is to improve the sustainability of successful applicants by at least one of the following measures relating to their news publishing activities:

  • increases in advertising or subscription revenue;
  • increase in other revenue that supports the production of public interest journalism;
  • increases in readership or distribution; or
  • the reduction of operating costs through more efficient business practices.

$ Available: up to $400 000.00.

Eligibility: Grants under the Regional Grant Opportunity are available to publishers and content service providers that produce civic and public-interest journalism with an Australian perspective. The ACMA may make a grant of financial assistance to either:

  • a constitutional corporation (a trading or financial corporation) that publishes a newspaper, magazine or other periodical
  • a content service provider (a person who uses internet infrastructure to supply content services, such as an online news service, to the public).

Other eligibility conditions may apply.

Key Dates: closes 14 June 2019

Link: CLICK HERE

Happy to chat if you need a hand with your application. Good luck, Melanie

#regionalpublisers #commnicationinnovation   #businesssustainability  #smallpublishers

Leave a Reply

Your email address will not be published. Required fields are marked *