The Royal Society of Chemistry has launched a £1 million gold open access initiative for British researchers.
Here's an excerpt from the press release:
'Gold for Gold' is an innovative experiment to support the funder led evolution to Gold OA, by recognising institutes that subscribe to RSC Gold, a premium collection of 37 international journals, databases and magazines offering online access to all published material.
UK institutes who are RSC Gold customers will shortly receive credit equal to the subscription paid, to enabling their researchers, who are being asked to publish Open Access but often do not yet have funding to pay for it directly, to make their paper available via Open Science, the RSC's Gold OA option.
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