New Media Ventures: Innovation FundDeadline: February 2, 2018
New Media Ventures (NMV) is a seed fund and national network of angel investors supporting media and tech startups that disrupt politics and catalyze progressive change. Its mission is to find, support, and finance organizations that are telling new stories, building advocacy movements, and catalyzing civic engagement. Through its Innovation Fund, NMV will support startups that are:
- Changing Hearts & Minds. We are living through an era of historic media disruption, with lasting implications for our personal, political, and civic lives. Whether you’re focused on increasing empathy, strengthening journalism, shaping narratives, leveraging new content platforms, or developing tools for listening, analytics and amplification, NMV wants to hear from you. It is also eager to hear about new business models that reward quality and engagement, solutions that elevate new and diverse voices, and creative distribution strategies to ensure content reaches new audiences, beyond echo chambers.
- Building Movements for the Future. Civic engagement is on the rise, and movements for justice are gaining traction across the US, but technology and tools often remain stuck in the past. Are you building technology or tools that mobilize citizens, make campaigns more efficient, or blend digital and grassroots organizing? NMV is especially interested in tools for distributed and networked movements, technology that helps coordinate volunteers, campaigns, and candidates, and innovations that facilitate conversations and decision-making.
Amount: $50,000-$250,000. Selected startups also receive virtual acceleration support and have access to NMV’s network of angel investors for follow-on capital, connections, and advice.
Eligibility: For-profit and nonprofit technology and media startups. NMV typically makes investments in for-profits and give unrestricted grants to non-profits. It prefers ventures with an existing user base (even if they are only beta users), demonstrated proof of concept, and a clear plan for generating revenue and growth.
Note: There is an informational webinar on Thursday, January 18 at 12:00 MST. Register here: https://zoom.us/meeting/register/b8bf11b63590b086dc2040ba88984b7b?platform=hootsuite.