wins Knight News Challenge, investment

Today the Knight Foundation announced at the MIT Media Lab that has won the Knight News Challenge. The Knight News Challenge accelerates media innovation by funding breakthrough ideas in news and information.

This years challenge was on Networks and was highly competitive. According to Knight there were over 1,000 applications, and this this challenge was 

…more competitive than in years past. This year, we’re running three contests, which means that instead of 12-15 winners per contest, we plan to select four or five. As a result, we will only be funding about 0.5%  of applications before us. (By comparison, last year Harvard admitted 6.2% of the applicants to its freshmen class.)

We’re excited about receiving this award and an investment from the Knight Foundation. 

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