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Five illustrious universities in the US (Cornell, Dartmouth, Harvard, MIT και Berkeley) join forces in a "Compact for Open-Access Publishing Equity", presented at www.oacompact.org. The universities recognize the significance of open access to the scholarly literature and the need to assist publishers who provide open access to the content of their journals. Thus far, universities support almost traditional publishers only, through the subscriptions paid to them for access to scholarly literature.

Each of the five universities commits "to the timely establishment of durable mechanisms for underwriting reasonable publication charges for articles written by its faculty and published in fee-based open-access journals and for which other institutions would not be expected to provide funds".

Immediately after the compact Harvard and Cornell created funds to support open-access publishing, Harvard Open-Access Publication Equity Fund (HOPE) and Cornell Open-Access Publication Fund (COAP), respectively. Berkeley had already established such a fund since early 2008, the Berkeley Research Impact Initiative (BRII).

Links: Cornell launches an OA fund
Harvard launches an OA fund
5 major American universities commit to support OA journals