More than 100 media groups and projects are set to share 24 million euros (25.7 million dollars) in grants handed out by internet giant Google Thursday in Berlin.
The money was distributed to 124 projects in 25 European countries, with the lion's share in terms of value going to Germany, Spain and France. All participants received at least 300,000 euros.
The funding is part of Google's Digital News Initiative, a project launched last year to "advance innovation in the news industry." A first round of funding in March disbursed 27 million euros for 128 projects.
The money is intended to help fund start-up media projects or to help established media organizations attempt to set up new programmes.
Separately, Google announced that the German version of its Google News page will start carrying a "fact check" tab this week, which allows readers to access further information about reports. It said the Frankfurter Allgemeine Zeitung newspaper and Correctiv website would soon start making use of the service.
Google noted it does not fact check the items itself.