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.

MDIF invests in independent media around the world providing the news, information and debate that people need to build free, thriving societies.

Why we are here

Timely, accurate, relevant information is critical to free societies. It enables fuller participation in public life, holds the powerful to account and protects the rights of the individual.

How we choose clients and areas of operations

MDIF invests in independent media companies in a range of countries where access to free and independent media is under threat. Clients are selected based on three broad criteria: mission impact in relation to investment; potential for long-term viability; editorial integrity.

How we work

MDIF financial investments include affordable loans, equity investments, loan guarantees and technical assistance grants. MDIF mobilizes other investors to maximize the impact of its financing. MDIF seeks to establish long-term relationships with its clients, which may involve advice and assistance in business planning, media management and other technical support.

Providing access to capital

MDIF clients are starved of capital because they work in environments with poorly developed banking systems, distorted markets and unfavorable investment climates. Often, they work in transition economies or under governments that are hostile to the idea of free and independent media. In all cases, a lack of funds is the main obstacle to their growth and development and seriously hampers their ability to be commercially viable and self-sustaining.

The changing landscape of media and investment

In the last decade, a technological revolution has transformed the media business and the way people access news and information across the world. MDIF continues to actively seek new clients around the world with innovative ideas for expanding the availability of independently produced information for future investments.