Open access publisher BioMed Central, UK, has announced the launch of Shared Support Membership, a new and innovative Membership package for institutions that want to provide financial support for their researchers open access publications, but at the same time manage their expenditure.
Whilst many institutes encourage their researchers to publish in open access journals, with limited publication budgets, it is often a complicated process to apportion the right amount of funds to cover Article Processing Charges (APCs). To alleviate some of the financial burdens, Shared Support combines the best of BioMed Central's other Membership types (Prepay and Supporter) and splits the costs of publishing with BioMed Central down the middle - the institute pays 50 percent and the submitting author pays the remaining 50 percent.
According to the publisher, this new Membership type offers a more balanced, easier way to handle the cost associated with open access publication. It also allows both parties to benefit from significant discounts of between 5-15 percent depending on how much funding the institute decides to pre-pay into their Membership account.
There is no joining fee for Shared Support Membership. Members can also immediately benefit from the supply of automated repository feeds using SWORD, which ensure that any articles published in BioMed Central journals will be automatically deposited into their institutional repositories.
To access our daily STM news feed through your iPhone, iPad, or other smartphones, please visit www.myscoope.com for a mobile friendly reading experience.
