Global Reach, Local Impact
“Like many, my loyalty to the company is not only down to my passion for our business – it’s also driven by my belief in the impact Bloomberg has through its philanthropic work.”
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The Bloomberg Media Initiative Africa works in countries across the continent to train financial journalists, strengthen the media industry, and convene business and government leaders to promote market transparency and accountability. The initiative provides financial journalism training and fellowships to mid-career professionals and convenes forums to help deliver high-quality financial journalism and promote sound economic development across Africa.
Building on the success of the training program in Nigeria, Kenya, and South Africa, the initiative is expanding through new partnerships with universities in Ghana, Tanzania, Zambia, Cote d’Ivoire, and Senegal.
“Giving back has always been a core part of who we are as a company. And every Bloomberg employee, in every one of our offices, makes it possible for Bloomberg Philanthropies to help people around the world lead longer, healthier lives.”
In summer 2018, Bloomberg Startup recruited 159 interns from its nonprofit partners to work in nine Bloomberg offices across three regions
Bloomberg Startup is the company’s global mentoring program. Designed and led by Bloomberg employees in collaboration with nonprofit partners, the program supports academic achievement and prepares students for further education and future careers, especially in STEAM (science, technology, engineering, the arts, and mathematics).
In its fourth year, the program has grown to include more than 3,560 employee mentors volunteering at workshops in 41 cities across the globe, including Cape Town, South Africa; London, United Kingdom; Lugano, Switzerland; Pune, India; San Francisco, California, United States; Singapore; and Washington, D.C., United States.
In 2017, Bloomberg Startup launched its 35 Scholars program, which provides funding for college to 35 high-achieving, lower-income students from around the world.
Now in its second year, the program also offers the scholars an opportunity to apply for summer internships at Bloomberg. The scholarships are funded thanks to 59 employee volunteers who chose to support it with their “Dollars for Your Hours” – a Bloomberg initiative that provides grants to nonprofits where employees regularly volunteer and other close nonprofit partners.
Bloomberg L.P. also works in partnership with the Fortune Society to provide career training for justice-involved individuals to help them successfully return to the workforce. The Fortune Fellowship at Bloomberg, a 16-week biannual program, gives fellows the chance to develop professional skills, expand their networks, and increase their access to job opportunities. In 2018, 19 Bloomberg Fortune Fellows graduated from the program after having worked in one of the seven divisions within Bloomberg. Since the launch of the program, 29 of 31 participants have completed the program and 86 percent of graduates are employed full-time.
“My fellowship at Bloomberg allowed me to see what I was really capable of. I took the time to watch and learn from managers, received advice from fellow colleagues, and had a great mentor and role model… so even after my fellowship ended, I was able to consult her for advice on interviewing and she helped me strategize next steps.”
2018 Fortune Fellow
Bloomberg New York
After graduating from the fellowship, Clyde Meertens is now working full-time in restaurant management.