Deep-Dive Business Consultancies

We boost your financial resilience

The Deep-Dive Business Consultancy will provide you strategic guidance and technical assistance towards business viability.

Programme Timeline

Who are you?

The Deep-Dive Business Consultancy is implemented by Thomson Media and targets mid-sized, regional and local, media outlets with a clearly identified problem they are willing to solve. It is designed to level up your business capacities through strategic guidance and technical assistance. In addition to the strategic guidance, mentoring and trainings, Thomson Media will provide grant funding to support activities related to the implementation of new products, services and/or newly developed strategies.

What you can expect

  • Public call and selection process

  • In-depth needs and capacity assessment

  • Tailored business-mentoring program

  • Development of business roadmaps

  • Investment grants scheme

Grants size

Any grant requested under this call for applications must fall between the following minimum and maximum amounts:

  • Minimum grant amount: €5,000

  • Maximum grant amount: €15,000

No co-financing from the applicant’s side is expected or is obligatory within this Call for Applications.

General eligibility

Applicants must be based in one of the following countries: Albania, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kosovo, Latvia, Lithuania, Luxembourg, Malta, Moldova, Montenegro, Netherlands, North Macedonia, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden and Ukraine.

The illustrative activities that could be financed include, but are not limited to:

  • Piloting new sources of revenue

  • Introducing and testing new advertising streams (digital advertising, native advertising, etc.);

  • New services or products development;

  • Online fundraising models (direct engagement of citizens through donations, membership, crowdfunding, etc.);

  • Developing and implementing new audience / community engagement strategies – with focus on diaspora, marginalized group, women and youth – that could be used to increase trust and reinforce the mission of media outlets;

  • Improving digital content distribution and outreach approaches sensitive to the needs and interests of men and women as part of their targeted audience / community;

  • Digital audience research and analysis (to explore socio-economic and other factors influencing media audiences, specifically including women, young people and marginalized groups); and / or

  • Developing gender-sensitive work practices, codes of conduct and workplace policies on, for example gender, equal opportunities, sexual harassment, bullying, privacy policy, safety and cyber security.

Application requirements

To apply for the Deep-Dive Business Consultancy media outlets will need to send in an application via the Jotform platform. Applicants need to provide straightforward and illustrative answers to all questions contained in the application.

The application form should be completed in English by the deadline of 28 October 2022, 23:59.

Selection process and timeline

All applications received within the deadline will pass through an administrative check and evaluation by an independent jury against previously set criteria.

During the administrative check the following will be assessed:

  • Compliance with the submission deadline. If the deadline has not been met, the application will automatically be rejected.

  • Completeness of the application form. If any of the requested information/document is missing or is incorrect, the application may be rejected on that sole basis and it will not be evaluated further.

The application that passes this check will be evaluated further as part of the quality assessment. The international jury will review the proposals submitted and evaluate them against the criteria of relevance, capacity, financial and operational resilience, potential and social impact.

Successful applicants at this phase, upon positive notification, will sign the Pre-Agreement with Thomson Media and become a recipient of the technical assistance.

FINAL NOTIFICATION

The applicants will be informed by email about decision concerning their application by mid-November 2022.

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About the Deep-Dive Business Consultancies

What is the Deep-Dive Business Consultancy?

The Deep-Dive Business Consultancy is designed to level up the business capacities of media outlets that need strategic guidance in order to set their path toward business viability.

It is designed to level up the business capacities of media outlets that need strategic guidance and technical assistance in order to set their path toward business viability.

In addition to the strategic guidance, mentoring and trainings the Thomson Media will provide grant funding between €5,000 and €15,000 per media outlet to support activities related to the implementation of new products, services and/or newly developed strategies.

The following are the outcomes that the project aims at achieving through this grant scheme:

  • Project supported media outlets are more operative and financially resilient.
  • Project supported media outlets introduced and tested new revenue streams.
  • Project supported media outlets are encouraged to be innovative in organization of their workflow, content production, and audience engagement.
  • Project supported media outlets are familiar with new digital platforms, tools and procedures that help them efficiently and productively implement their workflow.

Who runs the Deep-Dive Business Consultancy?

The Deep-Dive Business Consultancy, as one of the main pillars of the programme, is implemented by Thomson Media and targets mid-sized, regional and local media outlets with a clearly identified problem they are willing to solve.

Who can apply for the Deep-Dive Business Consultancy?

The Deep-dive Business Consultancy targets mid-sized, regional and local media outlets with a clearly identified problem they are willing to solve. Here are the criteria the applicants need to meet:

The applicant must fulfil the following criteria in order to be eligible for this Project:

  • Demonstrated commitment to quality, independent journalism that serves the public interest, and a track record of minimum five years;
  • Evidence of independence and plurality of news sources in distributed content;
  • Commitment to participate in an in-depth assessment of current audiences, business revenue streams and strategies as well as dedicating the necessary time to establish and test strategies;
  • A willingness to adapt current daily operations in order to establish viable business plans;
  • A solid understanding of operational and contextual challenges that need to be overcome;
  • Human resource capacity to implement identified business growth strategies, with a minimum of 5 full-time staff members.

Other important requirements:

  • Applicant may submit only one application under this grant scheme.
  • Applicant should be registered for, at least, five years
  • Applicant could be either registered as a business entity or as CSO
  • Public entities are also entitled to apply on this call
  • Project supports primarily individual applications, therefore partnerships should not be envisioned under this grant scheme.

Who qualifies for the Deep-Dive Business Consultancy

Your organization must be a mid-sized, regional and local media outlet from one of the following countries: Albania, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kosovo Latvia, Lithuania, Luxembourg, Malta, Moldova, Montenegro,  Netherlands, North Macedonia, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden and Ukraine.

How much are the grants and how is the fund amount determined?

The available grant funding is between €5,000 and €15,000 per media outlet.

Once participating media outlets have been selected by the jury, they will be guided through an in-depth needs assessment in order to inform their business growth roadmap, which will be the basis of the tailored business-mentoring programme and will determine which grant size the media outlets will be granted. Grant allocation will be approved through a second review of the jury members.