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What is Media Development Investment Fund mean?
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. 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.
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.
referencePosted on 21 Oct 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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