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.
About Media Development Investment Fund (MDIF)
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... read more ... read more
Nigeria Media Innovation Program (NAMIP
| Application Deadline | 31 May 2022 |
| Type | Entrepreneurs |
| Sponsor | Media Development Investment Fund (MDIF) |
| Gender | Men and Women |
Aim and Benefits of Nigeria Media Innovation Program (NAMIP
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.
Requirements for Nigeria Media Innovation Program (NAMIP Qualification
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:
- Explore opportunities to reach and connect with broader audiences through digital platforms and technologies; or
- Develop new revenue generation opportunities or sustainable business models?
Who are we looking for?
- You could be an existing independent media company, a non-profit or a new venture that is just kicking off.
- We are looking for mission-driven companies and organisations passionate about trying new approaches to local news and information.
- We encourage applicants who don’t have traditional journalism and media backgrounds, particularly from the areas of technology, design and business.
Application Deadline
May 31, 2022How to Apply
Interested and qualified? Go to Media Development Investment Fund (MDIF) on airtable.com to applyFor more details, visit MDIF website.
