Knight Foundation, INN partner on $1M innovation fund

The Knight Foundation and the Investigative News Network (INN) are teaming up to award $1 million in microgrants for innovation at public media and nonprofit news operations. The INNovate Fund is one of several initiatives totaling $5 million that Knight has planned in response to its 2013 in-depth study of nonprofit news sustainability. Knight will provide the funding, while INN will manage the two-year grant program and select recipients. Online applications will open March 1 and are open to all nonprofit and public media news organizations. Successful applications should meet three criteria, according to INN CEO Kevin Davis.