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Crowdfunding for the Media Competition in Ukraine

Organisation: International Renaissance Foundation (IRF)

Status: Closed

  • Grant

Funding Size: UAH 50,000 - UAH 200,000

Deadline: 15/02/2022

  • Eligibility criteria:
    – The participants of the competition are public organizations, unions, associations, societies and other associations registered in accordance with Ukrainian legislation as non-profit or charitable organizations.
    – Submitted project aims at forming a community around the media (understanding and segmenting your own audience; past experience of raising funds from the community (crowdfunding, subscription, fundraising events)) or realistic plans to continue such practices
  • Type of funding: Programmatic
  • Target country: Ukraine
  • Application language: Ukrainian

In 2020, the International Renaissance Foundation (IRF), with EU financial support, launched the EU4USociety project. The overall goal of the Project is to strengthen the involvement, sustainability, capacity, relevance and influence of Ukrainian civil society in addressing current domestic, regional and global challenges. The priority of the competition is to co-finance crowdfunding campaigns and campaigns to attract regular contributions from independent media and content producers.

If the application is approved, applicants need to raise funds from citizens for the project on crowdfunding website to attract regular contributions from the audience (such as Patreon). In a second phase, if the crowdfunding is successful – the Fund finances the project of the public organization in the amount equal to the amount raised through crowdfunding (but not more than the amount of co-financing confirmed by the Fund).

Program requirements:

  • Existence of clear plans for media development and formation of a successful business model;
  • The ability of the project team, in particular, experience in the field of production of quality media content;
  • Financial soundness (realistic collection of the declared amount through crowdfunding, reasonable and balanced budget expenditures)

See here to learn more and apply.

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