Today we at the City University of New York Graduate School of Journalism are announcing the founding and funding of the Tow-Knight Center for Entrepreneurial Journalism.
The Center, which I’ll direct, received $3 million each from the Tow and Knight foundations, in addition to earlier funding from the McCormick, MacArthur, and Carnegie foundations and CUNY. We will:
* Establish the country’s first MA degree in entrepreneurial journalism for our students and also offer certificates in the field for mid-career professional journalists.
* Continue our research in new business models for news, following on our work last summer in the new ecosystem of local news.
* Help create new enterprises in news. More on that later.
See the entire release here.
This all flows from an essential optimism about the future of journalism. We just have to build it. That’s why I’ve been teaching entrepreneurial journalism — with seven students’ businesses in development now with a total of $100,000 in seed funding — and why we are expanding that into a degree and certificate program to prepare journalists to start and run businesses and make journalism sustainable. That’s why we will continue to bring concrete specifics to the discussion about new business models for news. And that’s why we will help create those businesses in and out of the school. We will also help lead the movement to teach journalists to be entrepreneurs at other schools. And we have other plans.
I’m grateful to the The Tow Foundation for giving us the challenge grant that led to today and to the Knight Foundation for pushing us to elevate our ambition. I’m grateful to the McCormick and MacArthur foundations the Carnegie Corporation for funding work that paved the way for the center. And I’m grateful to my CUNY colleagues — Dean Steve Shepard, Associate Dean Judy Watson — for having the vision to support this work.
Watch this space.