• News
  • Technology
  • Culture
  • Entertainment
  • Sport
  • Travel
  • Music
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Sunday, February 5, 2023
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
ADVERTISEMENT
Home Business BANKS

Bank of America gives 21 higher education institutions $1 mln each

by The FINANCIAL
November 20, 2020
in BANKS
0
Share on FacebookShare on Twitter

The FINANCIAL — As part of Bank of America’s recent $1 billion, four-year commitment to advance racial equality and economic opportunity, the company announced today further details about its $25 million commitment to enhance up-skilling and reskilling for Black and Hispanic-Latino students. Through initial partnerships with 21 higher education institutions including community colleges, historically Black colleges and universities (HBCUs) and Hispanic-serving institutions (HSIs), Bank of America is giving $1 million to each of the 21 institutions selected across the U.S. to help students of color successfully complete the education and training necessary to be successful in today’s workforce.

“Career opportunities are a critical pillar in addressing the racial wealth gap in our country,” said Bank of America Vice Chairman Anne Finucane. “A meaningful job opportunity goes beyond the paycheck – it is a pathway to reduce student debt, obtain health care and retirement benefits, and ultimately, build net worth. The collaborative training approach we are taking with this initiative will not only impact the lives of Black and Hispanic-Latino students, but will enable them to make real and meaningful impact in their communities now and in the years ahead.”

Partner institutions selected so far include:

RelatedPosts

EBRD invests €218 million in the Georgian economy

China: Domestic and External Conditions are Leading to a Weakened Economic Outlook

EBRD and FAO mark 25 years of cooperation with US$ 5.5 million initiative

Kosovo becomes first Western Balkans economy to use solar energy for district heating

  • Arizona State University, Downtown Phoenix Campus – Phoenix, Ariz.
  • Atlanta Technical College – Atlanta, Ga.
  • Baruch College, The City University of New York – New York City, N.Y.
  • Central Piedmont Community College – Charlotte, N.C.
  • Dallas College, El Centro Campus – Dallas, Texas
  • Delaware State University – Dover, Del.
  • Florida A&M University – Tallahassee, Fla.
  • Florida International University – Miami, Fla.
  • Florida State College at Jacksonville – Jacksonville, Fla.
  • Harold Washington College, City Colleges of Chicago – Chicago, Ill.
  • Los Angeles Trade Technical College – Los Angeles, Calif.
  • Miami Dade College – Miami, Fla.
  • Morgan State University – Baltimore, Md.
  • North Carolina A&T State University – Greensboro, N.C.
  • Northern Virginia Community College – Greater Washington, D.C.
  • Pima Community College – Tucson, Ariz.
  • Prairie View A&M University – Greater Houston, Texas
  • Riverside City College – Riverside, Calif.
  • St. Louis Community College – Greater St. Louis, Mo.
  • Tennessee State University – Nashville, Tenn.
  • University of Puerto Rico, Río Piedras Campus – San Juan, Puerto Rico

Each partner institution will develop or enhance existing programs to meet specific skill gaps in their communities to create higher-paying, family-sustaining jobs that are in demand. Bank of America will work alongside major employers in each selected market to ensure these programs target specific hiring needs and create a clearly defined career pathway to future employment.

As part of this initiative, Bank of America is also partnering with and providing funding to the Aspen Institute, which will collaborate with the National Center for Inquiry and Improvement to convene the participating higher education institutions for technical and programmatic assistance and to share best practices.

“We’re thrilled to work with Bank of America on this initiative to expand employment pathways for Black and Hispanic-Latino students,” said Dan Porterfield, president and CEO of the Aspen Institute. “Building a learning hub for these colleges will create valuable opportunities to enhance career guidance, employer relationships, financial stability, and peer learning for students — all with the goal of helping connect young people to high-wage jobs and reduce racial income and wealth gaps.”

Today, less than 40% of community college students earn a certificate or degree within six years of enrollment.1 For students of color, graduation and completion rates are particularly low – 28.8% for Black students and 37.1% for Hispanic students.2 The ongoing challenges stemming from the coronavirus have exacerbated the financial struggle of HBCUs and HSIs, both public and private, as they seek to serve students from the most vulnerable communities.

Bank of America is investing in community colleges, HBCUs, and HSIs in order to increase job opportunities for people of color at a community-based level that will help close the wealth gap and enhance professional career tracks for mid-level candidates.

Recent Bank of America announcements focused on racial equality, diversity and inclusion, and economic opportunity include:

  • Ten Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks
  • $2 Billion Equality Progress Sustainability Bond
  • Universal ESG Reporting; International Business Council of World Economic Forum
  • Recognition as Top Global Bank on Fortune’s “Change the World” List
  • $300 Million of Its $1 Billion, Four-Year Commitment to Advance Racial Equality and Economic Opportunity
  • Support of Boys & Girls Clubs of America With $1 Million Grant to Support Educational Programs
  • $1 Billion/Four-Year Commitment to Support Economic Opportunity Initiatives
  • $250 Million in Capital and $10 Million in Philanthropic Grants to Community Development Financial Institutions (CDFIs)
Tags: $25 Million Jobs Initiativebank of americacollegesHBCUshigher education institutionsHispanic-serving institutionshistorically Black colleges and universitiesstudents
ADVERTISEMENT
The FINANCIAL

The FINANCIAL

Related Posts

EBRD will issue a loan to help GOGC refinance a $250 Mln Eurobond
BANKS

EBRD invests €218 million in the Georgian economy

by The FINANCIAL
January 30, 2023
0

The European Bank for Reconstruction and Development (EBRD) supported Georgia’s economy to the tune of €218 million in 2022, with...

Read more
New ADB Project to Showcase Elderly Care Options in the PRC

China: Domestic and External Conditions are Leading to a Weakened Economic Outlook

December 20, 2022
Serbia steps up partnership with FAO and EBRD for stronger agriculture

EBRD and FAO mark 25 years of cooperation with US$ 5.5 million initiative

December 20, 2022
Doing Business 2018: Kosovo Among Top Ten Reformers in the World

Kosovo becomes first Western Balkans economy to use solar energy for district heating

December 20, 2022
Next Post

Deutsche Bank invests $4.2 mln in Illumen Capital

Please login to join discussion
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Vaccination

How many people died after COVID-19 Vaccination?

November 20, 2021
How to Check KRA Pin Using ID Number

How to Check KRA Pin Using ID Number

June 25, 2018
Full-dose blood thinners not a cure for critically ill COVID-19 patients

How many people have died as a result of a COVID-19 vaccine?

October 4, 2021
Rishi Sunak’s billionaire wife also runs these three companies. 

Rishi Sunak’s billionaire wife also runs these three companies. 

October 25, 2022
Startled sherman furnished repair gang kansas

Startled sherman furnished repair gang kansas

0
Ft. trace falling nixon recovery sacred

Ft. trace falling nixon recovery sacred

0
FIFA 16 review: A mammoth footy bit of magic

Prepare mounted cited perspective

0
Protest threatened hurt conferences observation precise

Protest threatened hurt conferences observation precise

0
Protected: How to Control Finances During Slowing Global Economic Growth

Protected: How to Control Finances During Slowing Global Economic Growth

February 5, 2023

New & Notable at the 2023 South Beach Wine & Food Festival

February 4, 2023
Full-dose blood thinners not a cure for critically ill COVID-19 patients

Infections involving COVID-19 continued to decrease in the UK

February 4, 2023
Video-game vision therapy

Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls

February 4, 2023

Popular Last 24h

  • EasyJet to fly to London from Stockholm Arlanda

    The London Diplomatic List, Addresses, Contacts & Working Hours

    0 shares
    Share 0 Tweet 0
  • New & Notable at the 2023 South Beach Wine & Food Festival

    0 shares
    Share 0 Tweet 0
  • Chinese DJI Drone Business is Blooming in Russo-Ukrainian War

    0 shares
    Share 0 Tweet 0
  • Research: Is Portuguese real estate worth buying right now? (2022, Q3)

    0 shares
    Share 0 Tweet 0
  • UK speeding up purchase of new ships to protect cables

    0 shares
    Share 0 Tweet 0
  • YouPorn made TikTok like app for adults

    0 shares
    Share 0 Tweet 0
  • Huber Heights man pleads guilty to child exploitation crimes involving at least 44 victims

    0 shares
    Share 0 Tweet 0

LATEST POSTS

Protected: How to Control Finances During Slowing Global Economic Growth

Protected: How to Control Finances During Slowing Global Economic Growth

February 5, 2023

New & Notable at the 2023 South Beach Wine & Food Festival

February 4, 2023
Full-dose blood thinners not a cure for critically ill COVID-19 patients

Infections involving COVID-19 continued to decrease in the UK

February 4, 2023
Video-game vision therapy

Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls

February 4, 2023
Promoting gentleness in health and social care

Three Individuals Charged with Operating Multimillion-Dollar Elder Fraud Scheme

February 4, 2023
Three Men Charged in $100 Million Cryptocurrency Fraud

Man Charged in $110 Million Cryptocurrency Scheme

February 4, 2023
Police line

Huber Heights man pleads guilty to child exploitation crimes involving at least 44 victims

February 4, 2023
IMF Executive Board Completes Third Review of Armenia’s Extended Arrangement

Armenian banks record mega profits, but the economy doesn’t feel it

February 4, 2023

Protected: Four Top Tips to Know Before Buying Your First Car

February 3, 2023
Ukraine billionaire Ihor Kolomoisky targeted in new anti-corruption swoop

Ukraine billionaire Ihor Kolomoisky targeted in new anti-corruption swoop

February 1, 2023

LATEST INTERVIEWS

Russian Patriarch Kirill Says Dying In Ukraine ‘Washes Away All Sins’

Interview: Why Putin Might Prefer A Stalemate To Going Nuclear On Ukraine

by The FINANCIAL
October 22, 2022
0

Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

Kvaratskhelia Football Dynasty: Mamia, Badri, Khvicha and Tornike

by Tengiz Pachkoria
August 11, 2022
0

“Green business is a key instrument to support business development in a sustainable way”

“Green business is a key instrument to support business development in a sustainable way”

by The FINANCIAL
July 27, 2022
0

Running an environmentally friendly business helps to reduce impact on the environment

Running an environmentally friendly business helps to reduce impact on the environment

by The FINANCIAL
July 27, 2022
0

Georgian Industrial Group Continuing to Implement Energy Efficient Projects and Contribute to Sustainable Business Development

Georgian Industrial Group Continuing to Implement Energy Efficient Projects and Contribute to Sustainable Business Development

by The FINANCIAL
July 27, 2022
0

“We have planted under 50 000 trees and seedings”

“We have planted under 50 000 trees and seedings”

by The FINANCIAL
July 27, 2022
0

The Committee on the Environment and Natural Resources of Georgia – The Role of the Public Sector in Promoting Green Business

The Committee on the Environment and Natural Resources of Georgia – The Role of the Public Sector in Promoting Green Business

by The FINANCIAL
July 27, 2022
0

Leading the way for Green Corporate Culture, With 100-step Environmental Program Completed RMG enters the New Phase of Green Development

Leading the way for Green Corporate Culture, With 100-step Environmental Program Completed RMG enters the New Phase of Green Development

by The FINANCIAL
July 27, 2022
0

Newsletter

ADVERTISEMENT

GET IN TOUCH

E-mail your company news at:

news (at) financial.ge Letters to the Editor: editor (at) finchannel.com

Local Marketing contact:

(+99532) 2252 275 | 76 EXT: 1 (+995 558) 03 03 03 (mobile) marketing (at) finchannel.com

Requests from abroad:

(+99532) 2252 275 | 76 EXT: 7 (+995599) 96 52 52 Email: zviadi (@) finchannel.com Contact video editor: E-mail: video (at) financial.ge

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • America
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • CityLife
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.