Spotify FOSS Fund

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Announcing the Spotify FOSS Fund
TLDR: Spotify is starting a Free and Open Source Software Fund (FOSS Fund) to pay maintainers of independent projects. This new initiative is about giving back to open source developers and is one of the ways we are investing in a more sustainable open source ecosystem for all of us. The fund will start at 100K EUR, with Spotify’s engineers nominating what projects should receive funds and our fund committee making the final selections, which will be announced in May.
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Spotify Announces Open Source Fund for Independent Developers
The Free and Open Source Software Fund (FOSS) will help pay developers of projects that benefit everyone. The fund is starting with 100K EUR and Spotify’s engineers will nominate which FOSS projects should receive funds. Spotify’s fund committee will make the final selections and those will be announced next month.
Spotify says it uses open source software to help power its audio experience for both creators and listeners. “In fact, we are like many other tech companies who rely on open source. And yet, open source developers often make these projects available for us to use without any compensation,” Spotify adds.
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Spotify Announces €100K Support Fund to Aid Free and Open Source Software Projects
Announced on Monday, Apr. 25th, via the company's internal blog, Spotify is setting aside €100,000 for its new support fund entitled Free and Open Source Software Fund (FOSS Fund). The money is intended to aid specific open source development projects and is Spotify's way of targeting more free and open source concepts to better the world of technology.
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