Media Development Investment Fund

Media Development Investment Fund (MDIF), formerly Media Development Loan Fund, is a New York-registered non-profit 501(c)(3) organization and mission-driven investment fund that provides low-cost financing to independent news and information businesses in challenging environments, mostly in countries with a history of media oppression. As one of the United States–based groups involved in direct media development, it specializes in impact investing and provides affordable debt, equity and quasi-equity financing to help journalists build sustainable businesses around professional, responsible, quality journalism.

In 2016, MDIF was declared an "undesirable" organization by the Office of Prosecutor General of Russia using Russian undesirable organizations law and put on the list of organisations banned in Russia.