New Media Ventures creates rapid-response fund for political startups in the COVID-19 era

New Media Ventures creates rapid-response fund for political startups in the COVID-19 era

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/07/new-media-ventures-creates-rapid-response-fund-for-political-startups-in-the-covid-19-era/

The decade-old New Media Ventures investment fund, which backs startup businesses and non-profits developing technologies to improve access to government, said it is raising a “Crisis Innovation Fund” aiming to provide matching grants for startups advancing democracy and centering marginalized communities.

The fund will offer grants and investments of between $25,000 and $250,000 to entrepreneurs developing businesses and tech-enabled services focused on progressive causes, the fund said.