San Francisco, CA (PRWEB) February 06, 2013
Recognizing Year Up’s proven track record of success in catapulting urban young adults into the economic and academic mainstream in one year, PwC US announced today that it will award a $15,000 grant to Year Up Bay Area.
The grant allows PwC to support Year Up Bay Area’s mission to empower urban young adults to reach their full potential, and reflects PwC’s commitment to youth education and closing the achievement gap. Year Up Bay Area and PwC will work together to help Bay Area young adults gain the technical and professional skills they need to join the corporate world.
"PwC is making investments in youth education and we've pledged to donate more than one million service hours in the next five years to help students make responsible financial decisions and contribute to our local community," said Jim Henry, Managing Partner of PwC San Francisco. "We are proud to support Year Up Bay Area in its mission to provide young adults with the resources they need to further their professional and educational success.”
PwC’s investment will impact incoming Year Up Bay Area students who will begin classes in March 2013 — including the inaugural Year Up Bay Area class in the new Silicon Valley campus. Since its founding in 2008, Year Up Bay Area has helped more than 200 young adults access livable-wage careers at companies like eBay, Facebook and LinkedIn. In just four years, Year Up Bay Area has more than quadrupled its number of corporate partners, and now places Year Up interns at 22 of the most prominent Bay Area companies. PwC’s investment will help continue Year Up Bay Area’s strong relationship with the corporate community.
“The grant will have a ripple effect throughout the region,” said Jay Banfield, Founding Executive Director of Year Up Bay Area. “Now, even more Year Up students and alumni will serve as role models in their communities — and provide a testament to what urban young adults can accomplish given the right opportunities, high expectations and high support.”
In the Bay Area, there are more than 58,000 disconnected young adults between the ages of 18 and 24 who are out of work and out of school. Meanwhile, companies struggle to find qualified entry-level talent. The Year Up Bay Area Silicon Valley campus, opening in March 2013, will expand on the successes of the San Francisco campus and allow even more top technology firms to access a pipeline of skilled, motivated talent with on-the-job experience.
“Not only is Year Up Bay Area helping urban young adults reach their full potential,” said Banfield, “We’re also strengthening the region’s economy and making sure our corporate partners have the talent they need to succeed.”
Given the region’s technological focus, Year Up Bay Area provides students with a cutting-edge curriculum. This past year, students had the opportunity to take advantage of a Mozilla Networking elective, an Agile project management class and a seminar with Zynga’s IT/Quality Assurance team.
Lauded by Presidents Barack Obama and Bill Clinton for its proven, scalable model, Year Up is a national nonprofit organization that provides urban young adults with an intensive, yearlong training program and career-focused education in growing professional industries. Year Up helps young people not enrolled in school or participating in the labor market cross the Opportunity Divide to access living-wage employment and higher education. In turn, companies gain access to a pipeline of high-quality entry-level talent.
Year Up Bay Area, one of ten Year Up sites across the country, was launched in 2008. The program provides local young adults, ages 18-24, with technical, professional and communication skills including: desktop and network support; software installation; business writing; time management; and working in teams. Students earn up to thirteen college credits at City College of San Francisco for completing their coursework during the first six months of the program. The next six months consist of an internship at a corporate partner firm such as Facebook, LinkedIn, eBay, Salesforce.com and Google. Eighty-eight percent of Year Up Bay Area alumni are employed or in school full-time within four months of graduation, earning an average hourly wage of $16.38, or approximately $30,000 a year. Learn more about Year Up Bay Area on Twitter at http://twitter.com/yearupbayarea and on Facebook at http://facebook.com/yearupbayarea.
About Year Up Inc.
Year Up's mission is to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Year Up achieves this mission through a high support, high expectation model that combines marketable job skills, stipends, internships and college credits. Its holistic approach focuses on students' professional and personal development to place these young adults on a viable path to economic self-sufficiency. Year Up currently serves more than 1,500 students a year at sites in Atlanta, Baltimore, Boston, Chicago, Miami, New York City, Providence, San Francisco Bay Area, the National Capital Region, and Puget Sound (Seattle). To learn more, visit http://www.yearup.org or http://www.youtube.com/yearupinc.
About PwC US
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