The Digital Public Library of America has received $5 Million in funding.
Here's an excerpt from the press release:
The Sloan Foundation and Arcadia Fund today announced a major contribution for the Digital Public Library of America (DPLA) in the form of combined $5 million in funding. The DPLA Steering Committee is leading the first concrete steps toward the realization of a large-scale digital public library that will make the cultural and scientific record available to all.
Doron Weber, Vice President, Programs at the Alfred P. Sloan Foundation, and Peter Baldwin, Chair of the Donor Board at the Arcadia Fund, made the announcement at the DPLA plenary meeting today in Washington, DC. The funding—split equally between Sloan and Arcadia—will support an intense two-year grassroots process to build a realistic and detailed workplan for a national digital library, the development of a functional technical prototype, and targeted content digitization efforts. Sloan has previously committed one million dollars towards the establishment of a DPLA Secretariat at the Berkman Center and to support the legal workstream of the DPLA initiative by developing solutions to copyright law obstacles facing public digital library initiatives.