MinnPost is a new not-for-profit enterprise, whose mission is to publish a new, high-quality daily news report online and to develop a sustainable business model for quality journalism. In many cities, daily newspapers are cutting back staff as advertising dollars move to other media. Critics argue that these dailies are getting less serious, less ambitious, less courageous and far less comprehensive. The digital revolution is causing “creative destruction’’ of the economics of metropolitan daily newspapers and network television.

This grant will help launch a new kind of “digital daily,’’ a quality nonprofit online news organization serving the state of Minnesota and enable them to help launch and support activities for 15 months. MinnPost has a combination of ad revenue, foundation support and membership donations. It is an experiment in a new nonprofit business model for quality journalism.