Media Development Investment Fund: Grants for Journalism

OVERVIEW: The Media Investment Fund invests in independent media outlets located in select countries world.

IP TAKE: This funder seeks to build long-term relationships with its investees and grantees. It also prefers to support locally based and owned companies in its funding; however, it will consider funding organizations not locally based or owned on a case-by-case basis.

PROFILE: Founded in 1995 by journalists Sasa Vucinic and the late Stuart Auerbach, the Media Development Loan Fund (MDIF) was formerly known as the Media Development Loan Fund. MDIF supports “[m]edia that provide the news, information and debate that people need to build free, thriving societies.” According to the fund’s website, it bases its investments on broad criteria including “[m]ission impact in relation to investment; potential for long-term viability; and editorial integrity.” MDIF offers loans, equity investments, loan guarantees, and technical assistance grants.”

Historically, MDIFs grants programs have comprised the smallest portion of the organizations overall funding and investments. MDIF awards an average of around $850,000 per year in such grants. To learn more about the fund’s clients and grantees, explore its portfolio.

MDIF accepts unsolicited inquiry forms from independent organizations that meet its eligibility criteria and are located in a country with its geographic regions of interest. The fund does not support media organization owned in whole or part by governments, state agencies, foreign legal entities or political or economic interests.

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