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Future News Pilot Fund

Question for Department for Culture, Media and Sport

UIN 21417, tabled on 12 April 2024

To ask the Secretary of State for Culture, Media and Sport, how many grants were made to local newspapers under the Future News Fund pilot; and what the value was of each grant.

Answered on

18 April 2024

The Future News Fund sought to invest in new technological prototypes, start-ups and innovative business models to explore new ways of sustaining the industry in this changing landscape. In 2019, Government invested £2 million in the Future News Fund, which received 178 applications. Grants were awarded to 19 projects, ranging from funding to support the trial of a digital wallet model where publishers were able to offer the option to readers to pay for news on a casual basis, to funding to a local news publisher to build a new system to involve members and the local community in the reporting of local news.

It was designed to be open to as wide a range of innovations as possible, including those from existing news publishers. The government was not involved in deciding which organisations should receive funding. Nesta made these decisions independently with advice from industry experts. Nesta’s evaluation of the Fund was completed in 2020, and can be found alongside further information on the grantees here: https://www.nesta.org.uk/project/future-news-fund/