Print Friendly and PDF

JPMorgan Chase Investing in Workforce Training in Detroit; Don’t Miss Session at Mackinac Policy Conference

On Monday, JPMorgan Chase released the next steps of its five-year, $100-million commitment to the city of Detroit. Phase two of the investment plan includes funding for workforce training programs and small business expansion support. JPMorgan Chase will also map the city’s workforce opportunities, challenges, and resources in order to “help develop a more integrated, labor-market driven workforce development plan.” Following its initial commitment last year, the company said more than $30 has already been dedicated to Detroit.

Monday’s announcement comes in advance of the Detroit Regional Chamber’s Mackinac Policy Conference, which will include a session hosted by JPMorgan Chase titled “Investing in Detroit’s Workforce” on Thursday. A panel of experts will explore strategies for training providers and employers to work collaboratively to cultivate a pipeline of skilled workers, and opportunities for creating a demand-driven workforce system that meets the needs of jobseekers and employers.

The panel includes William Jones Jr., CEO of Focus: HOPE; Pamela Moore, president and CEO of Detroit Employment Solutions Corp.; Faye Nelson, vice president of public affairs at DTE Energy; and Alexis Wiley, chief of staff for Mayor Mike Duggan. Panelists will also discuss the recently released skills gap report, “Driving Opportunity in Detroit: Building a Middle-Skill Workforce to Strengthen Economic Recovery and Expand the Middle Class.” This session will be moderated by Chauncy Lennon, managing director of global philanthropy at JPMorgan Chase.