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Media Development Investment Fund offers debt and equity financing, coupled with strategic business advice, to independent media and information ventures globally. It supports diverse media, including digital news portals and television stations, especially where reliable news access faces threats. MDIF's approach provides mission-aligned capital and expertise to foster innovation in these outlets.
MDIF was established in 1995 by Serbian journalist Saša Vučinić and American journalist Stuart Auerbach, a former Washington Post correspondent. Vučinić's experience managing Radio B92 during the Yugoslav Wars highlighted the critical need for resilient, independent media during societal upheaval. This insight underpinned financial support for unbiased information to bolster democratic processes.
The fund's beneficiaries are independent media organizations delivering accurate news. MDIF's overarching vision is to foster free, thriving societies by ensuring citizens access diverse, credible information. This facilitates informed public discourse, enhances democratic participation, and drives societal change, aspiring to a future where independent media is a cornerstone.
Key people at Media Development Investment Fund.
Media Development Investment Fund has 1 tracked investment across 1 company. The latest tracked deal is $1.3M Seed in iSideWith in April 2013.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 2, 2013 | iSideWith | $1.3M Seed | Brooklyn Bridge Ventures | Comcast Ventures, Gabriel Investments, Investor's Circle, Knight Foundation, Liberty City Ventures |
Key people at Media Development Investment Fund.