Bolt Establishes A New ‘Urban Fund’ To Promote The Social Impact Of Shared Mobility

Bolt has initiated the Urban Fund, a social impact initiative aimed at expediting the global societal advantages of shared mobility.

The initiative will empower driver and courier partners on the platform, support philanthropic third-sector collaborations that advance sustainable urban and transportation planning, and interact with the communities in which Bolt operates.

This initiative is about working together to achieve Bolt’s mission of creating cities for people, not cars.

With the Bolt Urban Fund, the goal is to create cities for people, not automobiles. The company claims that shared mobility is only one part of a city’s transportation system and that in order to genuinely change urban areas, they must cooperate to lessen reliance on cars.

Supporting their users, drivers, and couriers—the foundation of their shared mobility network—will demonstrate their continued dedication.

The goal of the launch of this all-encompassing strategic “Bolt Urban Fund” is to increase the worldwide impact of their work. In order to bring about significant change in urban environments across the globe, this project will involve local communities, cities, and international institutions while utilizing the company’s workforce and technological capabilities.

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With the creation of two crucial areas of focus with enormous potential, the Bolt Urban Fund marks a significant advancement for Bolt:

• Sustainable Urban Living and

• Economic Empowerment.

• The third one is to elevate and streamline Bolt’s existing community and emergency response initiatives into a more strategic programme.

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