Latin American Media Startups Get Financial Boost to Save Independent Journalism

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A new digital media accelerator has been launched for startups in Latin America to help create more sustainable business models and support press freedom in the region.

Velocidad—Spanish for velocity—is providing $1.5m USD to entrepreneurial and digital news organisations conducting rigorous, investigative reporting, through philanthropic group Luminate, backed by eBay founder Pierre Omidyar.

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