A new initiative will identify and invest $1.5 million in promising news media startups in Latin America. Velocidad (which means “Velocity” in Spanish) is supported by the International Center for Journalists, SembraMedia and Luminate. The funders plan a rigorous selection process. A total of 75 digital news outlets will move forward in the first round, 25 semifinalists will continue to the second and eight to 10 will be chosen to receive investments.
Posted on: April 15, 2019