Anti-Monopoly Fund announces first round of investments
12. 10. 2019
The grants will total approximately $3 million.
December 10, 2019, New York, NY – Economic Security Project’s Anti-Monopoly Fund (AMF) has announced its first slate of grantees. With a mix of established organizations and innovative new entrants to the anti-monopoly movement, the grants will total approximately $3M.
AMF’s inaugural grantees include ACRE, Adamant Media, Athena, Color Of Change, Coworker.org, Creative Action Network, Freedom from Facebook, Inequality Media, Institute for Local Self-Reliance, Law and Political Economy Project, Museum of Capitalism, Open Markets Institute, Public Knowledge, Revolving Door Project, Thurman Arnold Project at Yale and the Washington Center for Equitable Growth.
“With our initial grants we have a range of strategies and tactics to take on Big Tech, groups that are laying intellectual and organizing groundwork for an anti-monopoly movement that goes beyond tech and those that are positioned to connect the impact of concentration with people’s lived experiences,” said ESP Executive Director Taylor Jo Isenberg. “We believe this dynamic combination can take on the rise of concentrated economic power with creative, evidence-based technical and legal strategies alongside smart, inspiring campaigns and movements.”
AMF uses a finite time frame to push for action during this moment of opportunity in the movement for reining in corporate power – allowing it to remain agile in strategy and resource allocation. Early funders include the Ford Foundation, the Open Society Foundations, Omidyar Network, Hewlett Foundation, Nathan Cummings Foundation, Justice Catalyst, Way to Win and Wallace Global Fund.
AMF serves as convener and funder of current anti-monopoly efforts, aiming to direct resources to organize and expand existing work to create fair markets and enact smart anti-monopoly enforcement and policy. AMF’s next round of grants is planned for Q1 of 2020. Those interested in taking part as funders or grantees should visit [email protected].