Grants up to $15K for High-Impact Stories that “Follow the Money” 

From the New York Times’ Pulitzer Prize winning series on predatory lending in the taxi industry and the Seattle Times’ Polk Award honored exposé of the close ties between Boeing and FAA that led to design changes blamed for two fatal crashes of the 737 Max jet, to the many recent stories by publications across the country highlighting the difficulties of obtaining medical supplies and government-backed loans in response to the coronavirus pandemic, we’ve seen the impact deeply-reported stories that “Follow the Money” can have in bringing questionable practices to light. 

For many journalists and publications, however, devoting the time and resources needed for such projects has become increasingly difficult – particularly amidst a new wave of layoffs and cutbacks caused by plummeting ad revenues. 

That’s where the McGraw Center for Business Journalism can play a role. 

If you — or a reporter you know — have a great idea for an investigative or enterprise story on an important economic, financial or business topic, but few resources to get it done, the McGraw Center would like to hear from you. 

Applications are now open for the Summer 2020 McGraw Fellowship for Business Journalism, an initiative of the Newmark Graduate School of Journalism at the City University of New York. The Fellowships, awarded twice a year, provide experienced journalists with the funds and editorial support needed to produce high-impact economic and business stories. 

The upcoming deadline to apply for Summer 2020 Fellowships is July 31, 2020. 

  • Each Fellow receives a grant of up to $15,000
  • No residency required; McGraw Fellows work from their own offices
  • Open to both freelance and staff journalists with at least five years of experience
  • Applications in any type of media — print, audio, video, online – are considered
  • Applications accepted from both reporters and editors

What kind of stories do we support? Previous McGraw Fellows have explored a wide array of topics – and you don’t need to be a business reporter to apply. Many McGraw Fellows have been generalists, or follow health care, the environment or other beats. A few examples: 

If you’d like to join them, you’ll find more information at If you have questions or a project you’d like to discuss, contact us at [email protected]

The Harold W. McGraw, Jr. Center for Business Journalism was established at the Newmark Graduate School of Journalism at CUNY in January 2014 with the goal of enhancing the quality and depth of business and economic news coverage. In addition to providing funding and editorial support for veteran journalists, the Center offers training and scholarships for young reporters entering the field.