JPMorgan Chase’s latest philanthropic commitments, aimed at plugging the gap, are as follows:
- US$1m to New America: This funding helps New America scale its Partnership to Advance Youth Apprenticeship (PAYA) initiative, aimed at supporting high school students on their pathway to a meaningful career by combining college coursework with on-the-job experience. New America will be able to bring on board more partners nationally and increase youth apprenticeship opportunities in markets including New York, Chicago, Dallas and California.
- US$1m to WTIA Workforce Institute (Apprenti): This commitment boosts Apprenti, a non-profit focused on bridging tech talent and diversity gaps to meet evolving workforce needs, and its programme which is ensuring those from underrepresented backgrounds have access to high-paying careers in technology. The organisation will also be better placed to expand into markets like Houston, Dallas and Atlanta.
- US$1m to Per Scholas: This funding supports the development and pilot of a new cybersecurity apprenticeship initiative, addressing a critical labour shortage while testing a sustainable, innovative, earn-and-learn approach to achieving economic mobility. Per Scholas is also set to expand its existing suite of cybersecurity training programmes to reach more learners annually, recruiting unemployed and underemployed talent from Boston, Charlotte, Chicago, Columbus, Dallas, Detroit, Los Angeles, Newark, St. Louis and the Greater Washington region.
- US$500,000 to Apprenticeships for America (AFA): This commitment helps AFA promote the creation of apprenticeship programmes for fast-growing sectors of the economy, such as technology, healthcare and financial services, in various locations across the country. A network of partners will support those efforts as AFA raises awareness of apprenticeships as a solution to the current labour shortage and skills gap.
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Source: businesschief.com
