This article contains promotional content. (October 2024) |
Abbreviation | MDIF |
---|---|
Formation | 1995 |
Founder | Saša Vučinić and Stuart Auerbach |
Type | NGO |
Website | www.mdif.org |
Formerly called | Media Development Loan Fund |
Media Development Investment Fund (MDIF), formerly Media Development Loan Fund, is a New York-registered non-profit 501(c)(3) organization and mission-driven investment fund that provides low-cost financing to independent news and information businesses in challenging environments, mostly in countries with a history of media oppression.[1] As one of the United States–based groups involved in direct media development, it specializes in impact investing and provides affordable debt, equity and quasi-equity financing to help journalists build sustainable businesses around professional, responsible, quality journalism.[2][3]
In 2016, MDIF was declared an "undesirable" organization by the Office of Prosecutor General of Russia using Russian undesirable organizations law and put on the list of organisations banned in Russia.[4][5]