MDIF Ventures is seeking investment proposals from young and developing independent media firms with a positive social effect and the capacity to scale. Successful candidates will receive equity capital as well as strategic coaching to help them grow their firm.
Requirements
- MDIF Ventures invests in media anywhere on the early-stage spectrum, from pre-seed (โfriends and familyโ and angel rounds) through to participating in growth or Series A financing rounds.
Eligibility for MDIF Ventures financing
- Commitment to the provision of unique, credible, independent news, reducing information poverty, addressing accountability, or strengthening debate in the public interest.
- Commitment to fostering democratic practices and institutions, political pluralism, transparency, human rights, and dignity and equal rights for all, regardless of race, ethnicity, national origin, gender, sexual orientation, religion and other subjects of discrimination.
- Ownership must be independent from the government or any other political or economic interests. (May be waived if the level and nature of such ownership do not put the applicantโs editorial independence in question.)
- Located in or serve an audience in countries where access to free and independent news and information is under threat. MDIF Ventures is not able to consider applications from Russia.
Funding
- The amount MDIF Ventures invests in each deal depends on many factors, including: stage of company development, total round-size and location. When applying, please provide the total amount of money you are raising and how much of the round has already been raised (if any).
Application Deadline:ย 10 December 2023.
For More Information:
Visit the Official Webpage of the MDIF Ventures Fund for digital media
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