Open Access: Royal Society of Chemistry Launches £1 Million “Gold for Gold” Initiative

Note: The “Go For Gold” Pilot is Currently Available Only in UK.

From the RSC:

The Royal Society of Chemistry has announced a groundbreaking £1 million initiative to support British researchers as they begin the transition to Gold Open Access (OA).

‘Gold for Gold’ is an innovative experiment to support the funder led evolution to Gold OA, by recognising institutes that subscribe to RSC Gold, a premium collection of 37 international journals, databases and magazines offering online access to all published material.

UK institutes who are RSC Gold customers will shortly receive credit equal to the subscription paid, to enabling their researchers, who are being asked to publish Open Access but often do not yet have funding to pay for it directly, to make their paper available via Open Science, the RSC’s Gold OA option.

Dr James Milne, RSC Managing Director, Publishing, said: “The RSC is delighted to announce this innovative experiment to help researchers make their articles Open Access during a period when funding to support this model is still relatively unclear.”

The number of UK institutes subscribing to RSC Gold is now approaching 50, having doubled in the last two months. Dr Milne commented: “We anticipate this initiative will equate to the RSC donating more than £1 million pounds worth of Gold Open Access article processing fees to the UK research community by the end of the year”.

Read the Complete Announcement