Through our work and partnership with publishers, it’s clear that reader revenue is key to their financial stability. We want to support innovators in this space—those who are pioneering approaches that involve everything from granting digital currency to subscription-based membership models.
Today, I’m delighted to announce that New Zealand’s very own PressPatron will be supported as part of the Innovation Challenge. PressPatron is a platform that aims to support the future of journalism, through a mix of crowdfunding, membership payments and donations. By simplifying the process for supporters to make contributions to their favourite media sites, this kiwi organisations is ensuring the support of readers allows publishers to expand their capacity to report on the stories that matter most.
Within two months of opening up the Innovation Challenge, we received 215 applications from 18 countries. After a rigorous review, a round of interviews and a thorough jury selection process, we ended up providing support to 23 projects in 14 countries—amounting to a total of $3.2 million.
When we called for applications, we listed four criteria: impact, feasibility, innovation and inspiration. The winners demonstrated a combination of each.
There were 23 applications that received GNI support, all equally impressive in their own right. Check them out here.
Thank you to every organisation who applied. There will be a second round of the APAC GNI Innovation Challenge later this year, and we encourage you all to re-apply. Watch out for details on our website.