Bloomberg Launches Open-Source Funding Initiative

Written by Michael Larabel in Free Software on 31 March 2023 at 06:46 AM EDT. 20 Comments
The Bloomberg financial, software, and media company has announced their FOSS Fund as a small step for helping open-source projects they rely on and of interest to their employees.

Bloomberg's FOSS Fund got underway in January and is focused on direct financial support to individual open-source projects.

In its current form the Bloomberg FOSS Fund will run a quarterly election among their employees where they will award up to three grants of $10,000 USD each voting cycle. For a company the size of Bloomberg and relying on open-source software throughout the organization, it's a small step to help out the open-source community.

Bloomberg logo

Those awarded the $10k USD grants for this first round of the Bloomberg FOSS Fund include Apache Arrow, Curl, and Celery projects.

More details on the Bloomberg FOSS Fund via this announcement.
Related News
About The Author
Michael Larabel

Michael Larabel is the principal author of and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 20,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and automated benchmarking software. He can be followed via Twitter, LinkedIn, or contacted via

Popular News This Week