Yesterday Nominet announced a £5million research foundation…..
……..announce the creation of the Nominet Foundation, a charitable organisation that will fund education, research and development initiatives in the UK Internet industry.
The Foundation will aim to launch in Summer 2008 with a first year donation of £5 million.
The Board has begun the process of setting up the organisation and creating the governance structure for the Foundation. Projects will be invited to seek funding at a later date.
As Nominet is aiming to have this new Foundation set up and seeking its first projects to fund by Summer 2008 it will be interesting to see if there is a competitive bidding process put in place and how many projects will be funded.
1 response so far ↓
There’s background to the Foundation available at http://www.nic.uk/policy/consultations/foundation/