MDIF Ventures [1] is calling for applications for investment from young and growing independent media companies with positive social impact and potential to scale for USD$1m investment fund.
Successful applicants will receive equity financing and strategic advice to help them take their business to the next level. MDIF Ventures does not provide grants or loans. It provides equity investments in selected media companies, taking an ownership stake.
Following the success of its first investment round, MDIF Ventures is investing in a new cohort of media projects located or serving audiences in countries where access to free and independent news and information is under threat.
MDIF Ventures invests in media anywhere on the early-stage spectrum, from pre-seed (“friends and family” and angel rounds) through to participating in growth or Series A financing rounds.
The application deadline is December 10, 2023.