The Knight News Challenge will open for ideas on Feb. 24. The question: How might libraries serve 21st century information needs?

Challenge winners will receive a share of $3 million in funding to develop their projects.

In the fall of 2014, the first Knight News Challenge on Libraries was launched.   They hope to unearth new ways to advance libraries to meet the needs of their communities and carry these ideals into the future.  They are interested in ideas from anyone in the U.S., including individuals, librarians, governments, nonprofits, new and old organizations, educators, universities, and businesses.

The challenge will open for submissions 8 a.m. ET on Feb 24. and will close at 5 p.m. ET on March 21.   Visit newschallenge.org starting Feb. 24 to apply, give feedback and ask questions, and take a look at the entries. Follow #newschallenge on Twitter or sign up here for Knight News Challenge updates. Visit their FAQ page if you have more questions.