CAMBRIDGE, Mass., Dec. 8, 2011 – A new effort will provide funding and expertise to entrepreneurial teams with innovative ideas to increase the impact of public service media.
Called the Public Media Accelerator, the project will be launched and operated by the Public Radio Exchange (PRX) and supported by a $2.5 million grant from the John S. and James L. Knight Foundation.
Modeled on mentorship-driven technology startup incubators, the Public Media Accelerator aims to strengthen public media’s essential role in meeting community information needs across new platforms and devices.
Here’s more on the Public Media Accelerator… one of the most exciting investments in my industry since perhaps CPB’s LJC launch in 2009. The $2.5 million is enough to kick this off with a bang… but will take millions more to bring great ideas to fruition (of course, that’s the beauty of great ideas, they attract more money). Congrats to PRX and Knight for taking this step.