Published: 08 Apr 2022 660 views
Nigeria Media Innovation Program (NAMIP) is a 3-year initiative working to increase capacity, generate sustainable and diverse revenue streams, and build audiences of independent media in Nigeria, particularly those reaching underserved communities. Launched in February 2022, it seeks to support the editorial independence of media organisations by strengthening their financial sustainability.
In Nigeria, as in much of the developing world, independent media are struggling with unsustainable business models and grant-dependency, while audiences lack diversity of reliable news and information sources. Without the capacity and financial means to experiment and innovate with business models and new products, many media are unable to develop new revenue streams and build audiences that are vital for their future. Covid-19 accelerated the crisis and compounded the challenges facing media.
Funded by MacArthur Foundation, NAMIP seeks to address these challenges by helping media to increase revenues, test new business models and instil financial discipline. It will also help participating media to build a robust community of partnership and collaboration.
MDIF is a not-for-profit investment fund for independent media in countries where access to free and independent media is under threat. We provide affordable debt and equity financing supported by technical assistance to media companies that provide the news, information and debate that people need to build free, thriving societies. MDIF is a New York-registered not-for-profit corporation with 501(c)(3) public charity status... continue reading
Application Deadline | 31 May 2022 |
Type | Entrepreneurs |
Sponsor | Media Development Investment Fund (MDIF) |
Gender | Men and Women |
Successful applicants will benefit from up to $50,000 for their project and have access to a range of capacity building activities, including mentorship and training, as well as joining NAMIP’s supportive community of like-minded organisations.
Applications are open for the first NAMIP Innovation Challenge for Nigerian media. Winners will be awarded up to $50,000 for their project and join NAMIP’s three-year innovation and capacity building program.
The Innovation Challenge is seeking applications from media organisations that are building innovative news and information products that:
Who are we looking for?
For more details, visit MDIF website.