PEPSICO EXCEEDS YEAR ONE GOALS IN WORKFORCE READINESS INVESTMENT INITIATIVES FOR YOUTH ON SOUTH AND WEST SIDES
CHICAGO, Feb. 14, 2023 /PRNewswire/ -- One year into PepsiCo's workforce readiness investment initiative focused on reaching Black and Hispanic youth on the South and West Sides, the company reports strong progress on all fronts and the need for additional investment in community-based organizations that directly impact workforce development. Launched in October 2021, Pathways to Readiness and Empowerment Program (PREP) is PepsiCo's commitment to invest more than $5 million in local nonprofits with the aim to put nearly 3,000 young people from Chicago's South and West Sides on the path to high-quality careers by 2026.
- This impact was achieved through PepsiCo and its Foundation's first-year investment of $1.2 million, which they're building on by announcing their next round of grants totaling $296,000.
- "There's nothing like the energy, ingenuity and resilience of young people from South and West Side communities," said Brittany N. Wilson, PepsiCo Chicago Community Relations Manager.
- "They inspired us at PepsiCo to focus our efforts on making career resources more available for Black and Hispanic youth and provide meaningful workforce readiness support.
- "It's important that big companies invest in the South and West Sides from a workforce development standpoint to help and give opportunities back to its communities."