How is the Media Innovation Fund supporting local media organisations?

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The Media Innovation Fund Supports Local Media Through Financial Aid for Training, Technology, and Content Development

The Media Innovation Fund provides financial assistance to local media organizations to bolster their capabilities in areas such as training, technology adoption, infrastructure, content creation, and research and development. The fund has progressed through multiple phases, disbursing millions of ringgit to numerous organizations. The current phase remains open for applications, encouraging registered media entities to apply and enhance their competitiveness.
Financial Allocations Across Fund Phases

The fund has demonstrably channeled significant financial resources to media organizations since its inception. Phase 1 saw 34 organizations receive a total of RM12.38 million. Subsequently, Phase 2 provided RM5.16 million to 16 organizations, followed by Phase 3, which approved RM2.6 million for 10 organizations.
Ongoing Evaluation and Application Opportunities

The fund's operational cycle includes distinct phases for application and evaluation. For Phase 4, ten applications were submitted, with seven confirmed as eligible and currently undergoing assessment. Phase 5 of the Media Innovation Fund is currently open for applications, with submissions accepted until May 14.
Encouraging Application for Skill and Competitiveness Enhancement

Local media organizations that are registered with the Information Department are specifically encouraged to apply for the fund. The objective is to enable these organizations to strengthen their skill sets, improve their overall competitiveness, and explore innovative approaches within the evolving media landscape.

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How is the Media Innovation Fund supporting local media organisations?

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