In 2019 Nesta was asked by the Department for Culture Media and Sport (DCMS) to design and deliver a £2 million Future News Pilot Fund (the Fund). The aim of the Fund was to identify and showcase innovation within public interest news, and test the ground for future investments.

This practice guide shares the funding tools that Nesta has used to support innovation, and offers practical advice on how to make money work harder using a range of financial approaches.