The last few years have been challenging for everyone, none more so than marginalized communities. That’s something we recognize at the Google News Initiative, where we are committed to the fight for equity and are pushing ourselves to build diversity, fairness and inclusion standards into the fabric of every program that we build and every partnership that we create.
Given the scale of these challenges and the task ahead, we are announcing our GNI Global News Equity Fund, a multi-million dollar commitment to provide cash awards up to $250,000 to news organizations that are owned by or serve underrepresented communities around the world. These are non-dilutive awards, meaning companies won’t have to exchange ownership for the funding. We will provide more details on how to participate in the fund in early 2022.
Without question this is a movement, not a moment. All too often, efforts related to equity and representation are an isolated afterthought. We believe this new funding allows us to build on some early foundational work we have done to create a more representative and inclusive news industry, from accelerating the digital transformation of diverse publishers, to driving innovation among underrepresented news organizations, to supporting research that shines a light on the key issues facing underrepresented journalists and communities.
One of our goals at the GNI is to help in the digital transformation of diverse publishers. It’s the reason we partnered with a number of news associations in creating the