Open Data Institute Receives $2.5 Million From Omidyar Network

Open Data Institute Receives $2.5 Million From Omidyar Network

The London-based has announced a $2.5 million investment from  aimed at helping the organization deliver on its mission to build an open, trustworthy data ecosystem.

Awarded through Omidyar's , the grant will enable ODI to build on and advance efforts by the to develop a data standard for the banking industry; take the lead on , an initiative, in partnership with , to reduce inactivity in England by making data about physical activities more openly available; and encourage pharmaceutical organizations to publish data on antibiotic drug resistance and offer guidance in the use of that data.

In addition, ODI will continue to work with specialist retail analyst to explore how the sector can turn the new EU General Data Protection Regulation () regime into an opportunity to build services that meet shoppers' needs; support startups globally through the incubator; offer training in new data skills in twenty countries; and build and support peer networks such as the global network, which currently comprises twenty-eight nonprofit organizations, and the , which facilitates peer-to-peer learning for open data practitioners globally.

"This funding will play a crucial role in enabling the ODI to deliver on our mission," said the organization's CEO, Jeni Tennison. "As data moves from being scarce and difficult to process to being abundant and easy to use, there is an urgent need to build trust in how data is used and harness its value for social and economic benefit. This grant supports our work developing ethics, equity, and engagement around data. It helps us strengthen data infrastructure, making it as open as possible while preserving privacy, increasing data literacy, and fostering open innovation."

"." Open Data Institute Press Release 04/05/2018.