JPMorgan Chase Announces $70 Million in New Commitments to Create Economic Opportunity Across France
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Wednesday, November 8, 2023
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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.