These are the 13 publishers awarded $500,000 in Indie Capital grant money

Announcement follows December call for applications

Indiegraf Staff  - April 12, 2022

For the past two years, Indiegraf has helped over 50 established and startup publishers across North America grow their business through technology, marketing, and revenue growth support. However, being independent publishers ourselves, we realize a lack of capital can stifle progress for these outlets. That is why we created Indie Capital, a program that provides funding to small publishers who are pioneering new business models with Indiegraf’s support.

Back in December, we announced our biggest Indie Capital grant round yet. We are happy to announce that Indiegraf recently distributed $500,000 to 13 publications that received up to $50,000 for tech and growth solutions to support them on the path to long-term sustainability. This funding round was made possible through backing from the Meta Journalism Project as well as Indiegraf funders such as New Media Ventures, Spring, Marigold Capital and others. 

The 13 grant recipients — narrowed down from 49 applicants — include publications from the U.S. and Canada. The grant money will be used to prove their respective product’s sustainability. To aid in that effort, Indie Capital recipients will receive support from Indiegraf to grow reader revenue and test new revenue streams. 

By the numbers

Here is a list of the publishers to receive grant allocations this year, including a description of each publication and the revenue streams Indiegraf intends to support:

On top of those new publications, 7 existing Indiegraf publisher partners received grant allocations as part of an extension to continue working together:

This Indie Capital funding round represents the latest investments we’re making in Indie Capital. Later this year, we plan to roll out other funding opportunities for community news publishers across North America that are committed to providing equitable coverage in communities experiencing news poverty. 

If you have your own outlet and didn’t apply or advance this round, we encourage you to subscribe to the Indie Publisher newsletter to make sure you hear about future grant opportunities!

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