Journalism Institute launches business model challenge [US]

Journalism entrepreneurs can apply for a new grant.

The Lenfest Institute for Journalism has launched the Local News Business Model Challenge.

The challenge will offer a total US$350,000 in grants of up to US$50,000 each for projects that explore new business models for sustainable local news and information organizations. 

Projects should improve on existing models like subscriptions or membership, advertising or events — and explore new ways of sustaining a local news business. 

The deadline to apply is Oct. 15.

For more information on how to apply, click here.