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JPMorgan Chase & Co., The Skillman Foundation and Ford Motor Co. Are Collaborating To Expand Technical Job Training and College Readiness

Technical job training and college readiness programs are viable solutions to help Detroit’s young talent excel after graduation and increase opportunity throughout the city.

JPMorgan Chase & Co., The Skillman Foundation and Ford Motor Co. are collaborating to create opportunity for students with a newly announced commitment to the city as part of a three-year grant designed to increase dramatically the number of young people graduating from the city’s high schools.

“Early today, JPMorgan Chase made a $4 million investment to expand Detroit’s young people’s access to economic opportunity,” said John Carter, Michigan Market Leader for JPMorgan Chase & Co. “We couldn’t have done it without our partners (The Skillman Foundation and Ford Motor Co.) across the city.”

Detroit Mayor Mike Duggan and The Skillman Foundation President and CEO Tonya Allen also spoke to the renewed commitment and positive implications of such support on the lives of thousands of Detroit students.

“We are proud to announce we indeed met this year’s goal of providing 8,000 jobs for Detroit students across the city this summer,” said Allen referring to the Grow Detroit’s Young Talent program which the Detroit Regional Chamber supported as a 2014 Mackinac Policy Conference 2014 to-do list item. “We are committed more than ever to the children of this city through technical training and economic opportunities.”

Moderating the panel, Chauncy Lennon, Head of Workforce Initiatives, JPMorgan Chase & Co. introduced panelists Herman Gray, President and CEO, United Way for Southeastern Michigan; Dave Meador, Vice Chairman and Chief Administrative Officer, DTE Energy and Alycia Meriweather, Interim Superintendent, Detroit Public Schools.

The panel discussed the challenges within Detroit Public Schools that include: funding, the complexity of education in the urban environment, and the impact of violence on students.

“Poverty isn’t just a lack of money but it is about the the lack of slack,” said Meriweather. “If you don’t have slack you don’t have a system that helps to buffer the realities of life, such as someone to call for support.”

The Detroit Students: College and Career Ready panel was hosted by JPMorgan Chase & Co.