“The LYRASIS Open Access Community Investment Program (OACIP) is a community-driven framework that enables multiple stakeholders (including funders, institutions, libraries, authors, and editors) to efficiently and strategically evaluate and collectively fund open access content initiatives. The program is designed to:
Facilitate an experimental incubation space for emerging open access funding and business models;
Centralize the administration and funding of open access initiatives or programs at multiple scales and make transparent to the community at large who is participating in each investment community.
Provide a funding hub for more bespoke programs, output from smaller publishers, and niche scholarly output to maintain diversity of scholarship.
Enable investors to make principled, data-driven spending or reinvestment decisions and strategically fund individual programs or distribute funds to multiple programs that align with their missions all in one place, increasing efficiencies and convenience….”