BitTorrent launches the Discovery Fund

BitTorrent Inc. wants to promote emerging content producers on the net this year — to the tune of $2,500 to $100K per project.

The Discovery Fund aims to “incubate the world’s next wave of awesome, straight-up brave storytellers and outside voices.”

“Over the next year, BitTorrent aims to partner with 25 creators by providing cash grants and promotional support to build impactful releases and discover new fans. We are looking for artists, musicians, filmmakers, designers and other creators working on uncompromised projects representing a diverse, original perspective seeking global distribution.”

There is no deadline or application fee.

My take: Kudos to BitTorrent for launching this initiative. To their credit, they surveyed artists and learned that “getting their work discovered is the biggest challenge they face.” Amen!