The New U: News Entrepreneurs Working Through UNITY is a competitive program for journalists of color who want to become entrepreneurs. It supports and helps grow the creative ideas of participants through a national “startup camp.” In addition to offering a unique formula based in training and one-on-one mentoring, the program includes a competition for start-up funding to assist media entrepreneurs in realizing their ideas.
Since its inception in 2010, a total of 16 fellows, members of AAJA, NABJ, NAHJ and NAJA, have learned about entrepreneurship and had an opportunity to pitch their ideas to a carefully-selected group of mentors, panelists and guest financial experts. In fall 2010, the participants’ video pitches were voted on by their industry peers, and 4 of the 16 participants– one from each of UNITY’s alliance partner organizations – each won $5,000 in seed money to further their entrepreneurial ideas.
McLean, VA – UNITY Journalists of Color, Inc., has won a renewal grant from The Ford Foundation to continue the New U: News Entrepreneurs Working through UNITY project.
The foundation has made a two-year commitment to the project (New U) at $100,000 per year. This will enable the New U project to support the creative ideas of journalists of color who will participate in the 2.5-day “boot camp” scheduled for October 2011 in Las Vegas, Nev. In addition to offering training and one-on-one mentoring, the 2011 program will again include a competition for start-up funding to assist news entrepreneurs in realizing their ideas.