Oct. 15 deadline for $5 million for local media

 Knight 21st Century News Challenge (info)

There’s nothing like a deadline to focus the mind and as I sit down this Saturday morning to put in my bid for a piece of this pie, let me pass on one last reminder from  Knight Foundation communications director Marc Fest:

“The Knight News Challenge contest awards $5 million for innovative media ideas, however the October 15 application deadline is quickly approaching. The streamlined application takes less than 20 minutes. Anybody worldwide has a chance to win. For more information and to apply visit www.newschallenge.org.”

Be sure to read the rules. This opportunuty is wide open to individuals, non-profits and even startups that one day hope to make profit. The catch: when these guys say they want to fund local media innovations they mean it. So think locally, act digitally.

Good luck to us all!