A business hub to support small and medium news organizations

A business hub to support small and medium news organizations

Independent small and medium news media have an important role in a democracy but often struggle to survive on competitive markets. Washington-based International Center for Journalists (ICFJ) has launched a news business hub called Elevate to help these news organization to become financially viable and serve their communities well into the future.  Eighteen news outlets – in six regions of the world – will receive tailored support from entrepreneurial leaders and experts as part of Elevate.

Elevate will work directly with key advisors and mentors: executives from the corporate world, technologists and journalism trainers, as well as a media investor and a university specializing in entrepreneurship.

“This team will work with Elevate participants to sharpen their skills and address specific pain points standing in the way of growth. The news outlets also will be eligible for grant funding from ICFJ to pursue innovative solutions to business challenges”, ICFJ says.

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“We’re bringing together news leaders from all corners of the globe to learn not only from the experts but also from each other,” said ICFJ President Sharon Moshavi. “We’ll take the creative solutions they develop and share them more widely with our global network of journalists, creating a ripple effect that extends beyond this first cohort.”

ICFJ selected the 18 news organizations from 206 applicants, through a competitive three-stage process that considered each candidate’s fit for the program and regional diversity. The outlets focus on a variety of types of journalism, from local news and political coverage to fact-checking, technology and human rights. The vast majority reach their audiences first and foremost with online content.

On average, Elevate’s participants have six to 25 people in their newsrooms, and an annual revenue of more than USD 100,000.

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The program will start in May and run for seven months and will focus on business strategy, operations and finance, technology and new media, and communications and marketing.

Region Organization Country       Organization’s Focus     
Africa ICIR Nigeria Investigative
Africa OrderPaper Nigeria Nigeria Politics
Africa Technext.ng Nigeria Technology
Americas Agência Lupa Brazil Fact-checking
Americas Agência Mural de Jornalismo das Periferias Brazil Local/City/Region
Americas Datasketch Colombia Data-journalism
Americas El Pitazo Venezuela Local/City/Region
Americas Foco Panama Politics
Americas Ocote Guatemala Human Rights
Asia OC Media Georgia Human Rights
Asia The Centrum Media Pakistan Politics
Asia The Morning Context Singapore Technology
Europe Maldita.es Spain Fact-checking
Europe Voxeurop France Local/City/Region
MENA (Middle East + North of Africa) Donia Al Watan Palestine Politics
MENA (Middle East + North of Africa) E7kky Egypt Gender
MENA (Middle East + North of Africa) Teyit Turkey Fact-checking
Oceania Fiji Sun Fiji Local/City/Region

 

 

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