image by anitakhart 220x127 Google invests in the future of news with $2.7m Innovation ContestThe future of news reporting is undoubtedly digital, but what’s the best way to tell stories in this brave new world. In The US, the Knight News Challenge has been funding innovative journalism projects for five years, and now a similar project is launching in Europe, backed by a $2.7 million grant from Google.

The IPI News Innovation Contest will be run by Vienna-based International Press Institute and aims to, in Google’s words, “find and fund breakthrough ideas that will have a lasting impact on the future of digital news in communities across Europe, the Middle East and Africa.”

The contest is looking for “breakthrough ideas with the potential of creating a sustainable impact,” Both commercial and not-for-profit organisations can apply, as long as they’re developing digital (including mobile) and open-source technology, created by journalists or for journalists, distributed in the public interest.

Winners of the Knight News Challenge, which has also recently received a grant from Google, have included a wide variety of projects from local wikis to real-time local news maps. We look forward to seeing what comes out of the EMEA region as a result of the IPI’s contest. The deadline for entires is 1 June 2011.