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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.

J.P. Morgan Invests €4.3 Million in Skills Development for the Young and Long-Term Unemployed in Paris

Retrieved on: 
Sunday, June 27, 2021
Human resources, Finance, Banking, Professional services, Philanthropy, Training, Fund Raising, Foundation, Other Philanthropy, Education, Economy, Articles, Unemployment, Workforce development

Today, J.P. Morgan deployed more than 4.3 million to connect young and long-term unemployed people in vulnerable communities across Paris to the skills needed for stable, well-paid careers.

Key Points: 
  • Today, J.P. Morgan deployed more than 4.3 million to connect young and long-term unemployed people in vulnerable communities across Paris to the skills needed for stable, well-paid careers.
  • Digital upskilling: Supporting young people faced with unprecedented levels of unemployment with the digital skills needed for the economy of the future.
  • Upskilling the long-term unemployed: Preparing long-term unemployed adults with the skills needed to compete in and return to the workforce.
  • J.P. Morgan is working closely with local nonprofit, government and business leaders to support small business growth and local workforce development initiatives.