The Founders Exchange is returning to provide more Philadelphia-area BIPOC news and media entrepreneurs with access to training and grant funding to grow their businesses

Members of the 2022 PMFE cohort at their graduation ceremony. Photo by Zamani Feelings

(Press release originally published by The Lenfest Institute.)

Applications are now open for the 2023 Philadelphia Media Founders Exchange, a community-grounded accelerator program supporting BIPOC media and news entrepreneurs through training, one-on-one coaching, and grantmaking. 

The Philadelphia Media Founders Exchange focuses on the urgent need and opportunity to support and advance more media entrepreneurs of color to ensure communities prosper and news businesses thrive and grow sustainably on their own terms.

Self-identified media makers whose businesses are beyond the concept stage of development are encouraged to apply. The program is open to both entrepreneurs and “intrapreneurs,” those working inside of news and media organizations with enterprising endeavors. 

Applications are due by February 9, 2023 at 11:59 p.m. EST.

For more information about the application process and eligibility, contact entrepreneurship@lenfestinstitute.org or register for a virtual information session on the following dates:

New cohort members will each receive a $15,000 core support grant, bootstrapping bootcamp training, and instruction from journalism and media experts covering community-powered journalism, branding and marketing, audience and partnership growth, financial modeling, raising capital, executive leadership, and emotional resilience. 

The Philadelphia Media Founders Exchange is supported by The Lenfest Institute for Journalism, The Knight-Lenfest Local News Transformation Fund, and the Independence Public Media Foundation.

Jos Duncan Asé, founder, executive producer, and publisher of Love Now Media, will serve as the program lead for the Founders Exchange, and Black & Brown Founders will deliver the training curriculum and coordinate with our expert contributors.

Click here to learn more about the 2023 Philadelphia Media Founders Exchange and apply now.