At the City University of New York Graduate School of Journalism, we’re proud to announce today that we received a $3 million matching grant from the Tow Foundation to create a Center for Journalistic Innovation. As you can guess, I’ll be very involved in this.
Our idea is to start an incubator to help support new products, businesses, platforms, technologies, and standards from new companies — some that will be started by students out of my entrepreneurial journalism class — and big media as well. We will create a New Business Models for News initiative to gather and share best practices in the industry. Another intitiative will do the same with editorial innovation. We will establish a chair in journailstic innovation and scholarships for entrepreneurial students.
Columbia’s journalism school also received a $5 million Tow matching grant. They will devote their efforts primarily to new journalism education, which is needed across the nation. But because we at CUNY are new and dealt with many of those issues when we started the school from scratch, we decided instead to look outward to the news industry. We believed that the greatest need of the industry is innovation and this was our effort at an answer that we hope will be complementary and collaborative with other efforts in this area from Knight, Poynter, and others. We also will work hard to create international ties for the center’s work so we can learn lessons from around the wrold.
In CUNY’s and my work, there is a continuing theme of innovation in the news industry. The entrepreneurial journalism course received a grant from the McCormick Foundation to provide seed funding for the students’ best proposals for sustainable journalistic enterprises. There were some great plans out of the class but we quickly learned that these llitle shoots need nurturing. We believe there are many similar ideas out there that need such help. Thus, the incubator. Last fall, we held a MacArthur-Foundation-funded conference in networked journalism and David Cohn reported best practices before and after. This October, we will do likewise with another MacArthur-financed conference in New Business Models for News. Those, too, lead right into the work of the Tow Center.
Now we have to raise the other $3 million so we can open the center’s doors. That’s the plug. If you have money, connections to it, or ideas, please do let me know. I’m eager to get going.