JPMorgan Chase Announces $4 Million to Prepare Detroit Students for High-Demand Jobs

Grant to United Way for Southeastern Michigan will expand economic opportunity for the city’s young people by aligning education with career pathways in growing sectors
Press Release

DETROIT, June 1, 2016 /3BL Media/ – JPMorgan Chase & Co. today announced $4 million to expand young people’s access to economic opportunity in Detroit. Building on the firm’s $100 million commitment to Detroit’s economic recovery, this three-year grant is designed to increase dramatically the number of young people graduating from the city’s high schools with opportunities to secure well-paying, high-demand jobs.

JPMorgan Chase Releases Second Report Examining Ways to Strengthen Detroit’s Workforce Systems

Report will help Detroit Workforce Development Board and other private and public efforts to remove barriers and expand opportunities for local job seekers and employers
Press Release

DETROIT, March 23, 2016 /3BL Media/– JPMorgan Chase & Co. and the Corporation for a Skilled Workforce (CSW) today released the second report of a two-part series that examines the state of Detroit’s workforce development system. The report identifies specific opportunities for the city’s workforce infrastructure, funding, organizations and programs to work together to help job seekers and employers.

JPMorgan Chase Releases Detroit Workforce System Map to Examine Barriers to and Opportunities for Job Growth

Report informs new Detroit Workforce Development Board and other private and public efforts to accelerate the city’s economic recovery
Press Release

DETROIT, January 19, 2016 /3BL Media/ – JPMorgan Chase & Co. and the Corporation for a Skilled Workforce (CSW) today released the first report of a two-part series on the current state of Detroit’s workforce systems that further informs investments and helps aligns resources to support job growth in the city.

JPMorgan Chase Celebrates Opening of the Latest Community Development Project Financed by $100 Million Commitment to Detroit’s Recovery

Nine JPMorgan Chase-financed Detroit housing, manufacturing, healthy food and retail projects open, break ground or expand in 2015
Press Release

Detroit, September 17, 2015 /3BL Media/ – JPMorgan Chase & Co. today joined with partners from PK Housing, Midtown Detroit, Inc., Capital Impact Partners, Invest Detroit and Detroit Economic Growth Corporation in announcing the grand opening of the latest community development project in Detroit financed by the firm’s five-year, $100 million commitment to the city’s economic recovery. Rainer Court, at 711 West Alexandrine Street, adds 36 units of working professional and university student housing as well as 1,800 square feet of retail space in Detroit’s growing Midtown District.

JPMorgan Chase, Detroit Development Fund and the W.K. Kellogg Foundation Announce $6.5 Million Loan Fund for Detroit’s Minority-Owned Small Businesses

Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods
Press Release

DETROIT, September 15, 2015 /3BL Media/ – The Detroit Development Fund (DDF), JPMorgan Chase & Co. and the W.K. Kellogg Foundation (WKKF) today announced a new $6.5 million lending program for Detroit businesses owned by entrepreneurs of color and businesses that primarily hire people of color. The Entrepreneurs of Color Fund will boost economic opportunity for minority-owned businesses in Detroit by providing them with greater access to capital and business assistance, allowing them to grow, hire local and further contribute to the city’s recovery.

Macomb Innovation Fund Announces $275,000 in Inaugural Awards to Five Detroit-Area Technology-Focused Startups

JPMorgan Chase and Macomb Community College-backed initiative will provide mentoring and capital to early-stage entrepreneurs, as well as unique learning opportunities for the college’s students
Press Release

WARREN, Mich., July 21, 2015 /3BL Media/ – Five early-stage businesses from Macomb, Oakland and Washtenaw counties will receive a total of $275,000 in funding in the inaugural round of awards from the Innovation Fund Macomb Community College, Powered by JPMorgan Chase & Co.

One Year Later, JPMorgan Chase’s $100 Million Commitment Helping to Accelerate Detroit’s Recovery

Firm deploys over $34 million in first year and announces new efforts to support community development, neighborhood stabilization, workforce training, small business and economic growth in Detroit

JPMorgan Chase and local partners mark anniversary by celebrating ongoing redevelopment of Downtown’s Capitol Park

Press Release

JPMorgan Chase and local partners mark anniversary by celebrating ongoing redevelopment of Downtown’s Capitol Park

New JPMorgan Chase & Co. Report Identifies Skills Gaps and Solutions to Fill Healthcare and Manufacturing Jobs in Detroit

Report reveals middle-skill job opportunities for Detroit areas residents and recommends a comprehensive approach to align education and job training with high-demand healthcare and manufacturing positions
Press Release

NEW YORK, April 16, 2015 /3BL Media/ – JPMorgan Chase & Co. today released a first-of-its-kind roadmap addressing the mismatch between the needs of employers and the skills of current job seekers in Detroit. This skills gap report provides a comprehensive look at available middle-skill healthcare and manufacturing jobs in the Detroit area and offers data-driven steps local policy makers, community colleges, training providers and private sector employers can take to fill these critical, good paying roles.

JPMorgan Chase & Co. Announces Detroit Service Corps to Strengthen the City’s Nonprofit Community

Top-performing JPMorgan Chase employees from around the world will provide on-the-ground expertise to Detroit nonprofits that are tackling blight, aiding community development and facilitating small business growth to benefit residents in need
Press Release

DETROIT, November 3, 2014 /3BL Media/ – JPMorgan Chase & Co. today announced a new five-year program that sends teams of top-performing employees to Detroit to help strengthen the city’s nonprofit community. These employees will utilize their business skills and expertise to help select nonprofit organizations address the city’s economic challenges and support those who need it most.

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