Local foundations are becoming important players in the local news ecosystem by funding news and information projects or creating their own.
Ten types of projects they fund inlude Community Archive, Local Action Center, Contest, Mobile, Data, Citizen Media, Ecosystem Support, Student Journalism, Public Broadcasting, and Professional Journalism.
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Midsize businesses are tapping into the social business market because large companies do not need the help of start-ups to create a “social technology stack.” But a social business stack cannot generate revenue by itself.