The Local News Initiative, based in Chicago, Illinois, is a business model innovation project founded in 2019 by Northwestern University. With a mission to reinvent the relationship between news organizations and audiences, the initiative aims to empower citizens through the expertise of its team in digital innovation, audience understanding, and business strategy. While specific details about its revenue, staff count, and leadership are not provided, the Local News Initiative is focused on elevating enterprises that have a positive impact on communities. For more information, visit their website at https://localnewsinitiative.northwestern.edu/.