The new ecosystem of small news organizations continues to evolve at breathtaking speed. When you consider that it has been only four years since the news industry’s business model went into free fall, the number of new organizations and their quality are impressive.
Also impressive is the financial support that they have attracted. J-Lab has just updated its database of grant activity to news projects since 2005, and the totals are:
- $186 million
- from 274 foundations
- to 146 news projects
- 775 grants
- 23 states