Today LYRASIS is announcing a new member benefit, the Catalyst Fund. The Catalyst Fund will award up to $100k to fund innovative ideas and kick start new programs of interest to our member institutions.
In 2016, we hosted a series of Leaders Forums across the country with more than 200 leading professionals from archives, libraries and museums. From those conversations, we identified a need for more innovation, the fostering of new ideas and seed funding for pilot projects. Applications are now open and will remain open through February 28. Apply today!
What is the Catalyst Fund?
The Catalyst Fund is a program administered by LYRASIS and LYRASIS Leaders Circle members. The Fund is designed to identify and foster new ideas to benefit the archives, library and museum communities. LYRASIS has allocated funds from its endowment to put toward worthy projects and ideas from its members that can be shared to help advance the field. Join the Leaders Circle today to be sure you are a part of this exciting new program.
How much is available for projects?
This year, LYRASIS has earmarked $100,000 for disbursement to projects and ideas, and this amount may change year-to-year. We anticipate giving three to four awards ranging from $1,000 to $35,000, depending on project scope. The maximum award is $100,000.
Who is eligible?
How does the community benefit?
Libraries, archives and museums around the country will benefit by seeing, learning and trying out new ideas that might otherwise have never seen the light of day because institutions have barriers to implementation such as limited staff time, budget or expertise. All projects and ideas will be shared with the full LYRASIS membership upon completion. Additionally, technologies and content developed will be open and available to all.
Do I have to implement the idea?
No! If you have an idea that you would like to see come to fruition, but do not want to manage the project per se, you can submit an idea and note that you are recommending LYRASIS to further explore the implementation. Simply submit it as an “idea” instead of as a “proposal” on the application form.
Who determines which ideas and projects are funded?
Members of the LYRASIS Leaders Circle will determine which projects and ideas receive Catalyst Fund awards. The Leaders Circle is a new level of LYRASIS membership created to serve libraries, archives and museums that are seeking a more active role in collaboration, innovation and stewardship of open technologies, services and content.
How do I apply?
Stay tuned to LYRASIS Now for more information coming soon.