MDIF Western Balkans Fund is a strategic initiative to foster growth and resilience in independent media in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia. It takes a holistic investment approach, utilizing a versatile strategy of loans, equity and quasi-equity supported by media business expertise.

The Fund focuses investments on innovative startups, growth media undergoing digital transformation and protecting independent media from capture. The Fund seeks to bridge the financing gap that often hinders growth, and supports the development of robust, financially and editorially independent media companies that are able to support the advancement of their societies.

MDIF Western Balkans Fund has opened its first call for applications for equity financing from companies along the early-stage spectrum. It is open until midnight CET on May 15, 2024.