JPMorgan Chase Commits $2.3 Million to NPower to Prepare More than 700 Veterans for High-Quality Technology Jobs
New philanthropic investment to provide professional development and skills training for veterans in
As of 2015, 53 percent of post-9/11 veterans will experience unemployment, with minority veterans having a 44 percent higher risk of unemployment than non-minority veterans. Meanwhile, there are over 700,000 unfilled technology jobs in the US, meaning that digital skills are in high demand. In fact, LinkedIn recently found that technical skills like cloud computing and artificial intelligence are what companies need the most in 2019.
“The men and women who serve our country through military service make sacrifices and commit themselves to excellence in duty. It is only right that we help make their transition to civilian careers as successful as possible. At NPower we remain committed to providing free technology upskilling, professional development and job placement for our country’s veterans,” says
Building on JPMorgan Chase’s long-standing commitment to facilitating sustainable, post-service success for veterans and their families and as part of its
- Tech Fundamentals: Over 260 hours of hands-on classroom curriculum, 220 hours of paid technology-based internships and 60 hours of soft skills professional development.
Cybersecurity: 14 to 18 weeks of training, including over 50 hours of professional development, and 12 weeks of paid internships with leading, collaborating companies like
Federal Reserve Bank, KPMG, Broadridge and TD Ameritrade.
- Coding: 13 weeks of three-day, instructor-led training, professional development and online learning and labs to learn the fundamentals of coding.
Specifically, the program in
“As a former Marine and Combat veteran, with a wife and three children we had lost everything. NPower offered me much more than I could have ever hoped for and they made me feel as if my service to this country was truly appreciated. I got the tools necessary to start a promising career that would help financially secure my family’s future,” says
In addition to its philanthropic support,
A History of Impact
The firm has hired more than 15,000 veterans since 2011 – more than 1,800 of which have been hired in
“While each veteran’s experience is unique, we find that employment is often the biggest transition,” says
This new commitment builds on JPMorgan Chase’s past support for NPower that has placed over 4,000 veterans and young adults in foundational and advanced trainings to develop in-demand skills.
NPower is a national nonprofit that offers free tech training and is focused on enhancing the economic situations of veterans and young adults from underserved communities by placing them in quality tech jobs. Students who graduate from their six-month program earn industry-recognized certifications and the same knowledge as an IT professional with one to two years of experience. NPower also places students in paid internships with corporate and nonprofit organizations through which most graduates get a full-time job. The nonprofit is boosting economic growth not only at the individual level but also at the national level. It is improving the American labor economy and leading the shift towards tech labor. To learn more about NPower, visit www.npower.org.
National: Mackenzie M. Smith, firstname.lastname@example.org
Jersey City: Carolyn Evert, email@example.com
Dallas: Greg Hassell, Greg.Hassell@chase.com
San Jose: Erich Timmerman, firstname.lastname@example.org
Mark Macias, email@example.com