IOP Publishing (IOP), a wholly owned subsidiary of the Institute of Physics, has announced a new pilot project together with the Austrian Science Fund (FWF), the Austrian Academic Consortium (Kooperation E-Medien Österreich) and the Austrian Central Library for Physics at the University of Vienna. The new pilot project will provide advance funding for Austrian researchers to publish on a hybrid open access basis in IOP’s subscription journals and which will offset that funding against subscription and licence fees paid by the Austrian Academic Consortium for access to IOP's journals.
The FWF will cover article publication charges for all authors (who meet the qualifying criteria specified by the Austrian Science Fund) when they choose to publish with IOP. The pilot project will run for three years starting January 1, 2014. It also encompasses a three-year agreement for access to IOP's journals for participating members of the Austrian Academic Consortium. It brings two such funding agreements – for open access publication and for access to a portfolio of journals – together for the first time.
Member institutions of the Austrian Academic Consortium are invited to join this agreement any time