Project Spark

JPMorgan Chase Announces $70 Million in New Commitments to Create Economic Opportunity Across France

Retrieved on: 
Wednesday, November 8, 2023
Government, Creation, JPMorgan Chase, Key Learning Community, Research, Energy transition, Paralympic Games, COVID-19, Les Compagnons de la chanson, Education, Corporate responsibility, Olympic Games, Mentorship, Project Spark, Organization, Grand Paris Express, Growth, Public sector, COVID, Employment, Paris, Business, Poverty, Partnership, Community, Woman, Investment, Renewable energy, Tutoring, Bank, Cryptocurrency, Management, Construction, Greater Paris

PARIS, Nov. 8, 2023 /PRNewswire/ -- As JPMorgan Chase continues to grow its business in France and learn from its recent philanthropic investments supporting underserved communities in Greater Paris, today the firm announced $70 million in new business and philanthropic commitments to connect individuals and entrepreneurs to economic opportunities across the country. This brings the firm's total commitment since 2018 to $100 million.

Key Points: 
  • The commitment will seek to align with France 2030, the country's national investment plan to create new and competitive pathways for economic growth in key sectors such as green and technology.
  • JPMorgan Chase will commit $50 million to this initiative and Bpifrance will commit €10 million to the initiative.
  • "I was present at Les Compagnons du Devoir in 2018 when Jamie Dimon announced JPMorgan Chase's $30 million commitment to Greater Paris.
  • Over the past five years, JPMorgan Chase has worked with the French government and non-profit leaders in Greater Paris to support programs and initiatives that create a more inclusive economy.

Dcode Capital Brings on Key Strategic Investor, J.P. Morgan Asset Management, to Further Accelerate Investments in Companies Improving the US Government

Retrieved on: 
Tuesday, September 5, 2023
GV, Woman, Social capital, Project Spark, NEA, JPMorgan Chase, Privacy and the US government, Federation, Ecosystem, J. P. Morgan, Cryptocurrency, Küstriner Vorland

Dcode Capital invests in growth-stage, commercially successful B2B technology companies.

Key Points: 
  • Dcode Capital invests in growth-stage, commercially successful B2B technology companies.
  • Dcode Capital managing partners Rebecca Gevalt, Meagan Metzger, and Meg Vorland launched the venture fund from their affiliated advisory firm, Dcode, which connects startup tech companies and federal agencies to drive innovation.
  • Dcode Capital invests in companies that Dcode has helped win federal revenue.
  • Dcode Capital and J.P. Morgan are both supporting the US innovation base.”

J.P. Morgan Accelerates Growth Strategy for Its Global Innovation Economy Business with Key Hires and Expanded Capabilities

Retrieved on: 
Tuesday, July 11, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, JPMorgan Chase, IPO, CB, Health care, StartOut, Silicon Valley Bank, Innovation, Organization, Commercial bank, Silicon, Project Spark, IE, Acquisition, SVB, Investment, VCS, Growth, Melissa, VC, First Republic Bank, J. P. Morgan, Cryptocurrency, Video game, Renewable energy

Together, they will lead a team of more than 350 dedicated bankers, providing financial and advisory solutions to over 6,000 IE companies globally.

Key Points: 
  • Together, they will lead a team of more than 350 dedicated bankers, providing financial and advisory solutions to over 6,000 IE companies globally.
  • “The founders and investors who make up the Innovation Economy are tackling some of the biggest issues facing our world today.
  • They’re creating jobs, technology and opportunities that are uplifting communities and driving the global economy forward,” said John Simmons, Head of CB Middle Market Banking at J.P. Morgan.
  • For more information on J.P. Morgan’s commitment to serving the Innovation Economy, visit jpmorgan.com/innovationeconomy .

Wilshire Lane Capital Launches New Fund to Invest in the Rapidly Growing PropTech Space

Retrieved on: 
Tuesday, February 22, 2022
Construction & Property, Professional Services, REIT, Finance, Pura, Financial technology, Project Spark, Jetty, LP record, Partnership, Partner (business rank), Biotechnology, Investment, WLC, Common, JPMorgan Chase, Property technology, Black, VTS, General partnership, Principal, Technology, Knowledge, Unicorn, Solution, Financial services

Wilshire Lane Capital (WLC) today announced it has received $40 Million in LP commitments with the first close of its debut fund.

Key Points: 
  • Wilshire Lane Capital (WLC) today announced it has received $40 Million in LP commitments with the first close of its debut fund.
  • Real estate is the largest asset class in the world, said Wilshire Lane Capital Founder and Managing Partner, Adam Demuyakor.
  • Wilshire Lane Capital is revolutionizing the way technology impacts real estate across all sectors, ultimately benefiting owners, operators, and most importantly, our residents.
  • Wilshire Lane Capital ("WLC") is an early-stage venture capital firm investing at the nexus of real estate and technology (PropTech).