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Denver’s My Brother’s Keeper Initiative and Bank of America Announce Youth Summer Employment Program

 

DENVER – The City and County of Denver’s Office of Children’s Affairs and Office of Economic Development, along with Mi Casa Resource Center, Impact Empowerment Group and Street Fraternity, are working in partnership with Bank of America to pilot the “My Brother's Keeper Summer of Success” program to provide 25 young men of color with summer employment opportunities.

“Through this program, we’re aiming to open doors for these young men of color and support their success,” Mayor Michael B. Hancock said. “This partnership with Bank of America and other local nonprofit organizations will change their trajectory, positioning them to become leaders within their communities and in our great city.”

The “My Brother's Keeper Summer of Success” program will run for 8 weeks and is scheduled to take place from June 5 – July 25, 2017. The young men selected to participate must be between the ages of 16 – 18 and will engage in job-readiness training with a strong emphasis on financial literacy and customer service skills. Participants will be placed with an employer partner that aligns with their specific area of interest and career goals.

Bank of America awarded the city $50,000 to support this program and will be the primary source for financial education through the Better Money Habits curriculum. Nonprofit partners will also utilize the Office of Financial Empowerment's Bank On Denver program to assist participants in setting up savings and checking accounts.

“Despite our improving economy, young people—especially young men of color—face job scarcity,” Colorado State and Denver Market President for Bank of America Jodi Rolland said. “As a business leader, our investment in this program stems from the knowledge that a first job is so much more than a paycheck – it’s a pathway for a better financial future for that young person and the economic vitality of our city.”

Participants of the “My Brother's Keeper Summer of Success” program will also attend bi-weekly seminars facilitated by men of color from the Denver community who have also overcome obstacles to realize their path to success. Facilitators will coach, mentor and share their own stories to guide these young men and help them discover their unlimited potential.

“We are excited to participate in this program and combine our passion for positive youth development with our expertise in career development and job-readiness training,” CEO and Executive Director of Mi Casa Resource Center Monique Lovato said. “Mi Casa Resource Center has been serving young people and families for over 40 years and the goals of the My Brother’s Keeper initiative to eliminate gaps for young men of color align with our strategic vision.”  

For more information about Denver’s My Brother’s Keeper initiative, please click here.

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My Brother’s Keeper Denver
The White House announced the My Brother’s Keeper (MBK) initiative in 2014 to address persistent opportunity gaps faced by boys and young men of color. The City and County of Denver was one of the first 10 cities to join the national MBK effort. The Office of Children’s Affairs leads the collaborative work for MBK Denver and partners with youth, community members, nonprofit organizations, educational institutions, businesses and other government agencies to develop improvement strategies in the areas of education, social emotional health, juvenile justice and workforce development. Together, we are working to ensure boys and young men of color can reach their full potential. Learn more at denvergov.org/mybrotherskeeper.

Office of Children’s Affairs
The Office of Children’s Affairs supports Denver agencies, the community and its service providers in achieving three major goals, which are to ensure that all children and youth have their basic needs met, are ready for kindergarten and have the opportunity to succeed academically and professionally. Learn more at denvergov.org/childrensaffairs.

Office of Economic Development
The Denver Office of Economic Development (OED) is dedicated to advancing economic prosperity for the City of Denver, its businesses, neighborhoods and residents. Working with a wide variety of community partners, OED operates to create a local environment that stimulates balanced growth through job creation, business assistance, housing options, neighborhood redevelopment and the development of a skilled workforce. Learn more at denvergov.org/economicdevelopment.

Mi Casa Resource Center
Mi Casa Resource Center (Mi Casa) is a nonprofit organization that has served the Denver community for over 40 years, working to advance the economic success of families with limited opportunities. Learn more at MiCasaResourceCenter.org.

Bank of America’s Commitment to Youth Development
Bank of America’s support for youth and young adults runs through its core businesses, as well as through employee support. The bank’s Global Banking and Markets group has relationships with 86 percent of the Top 100 National Universities1 and 80 percent of America’s Best Colleges2. Bank employees give approximately $12 million annually to educational institutions and organizations assisting youth, which is matched by the Bank of America Charitable Foundation for a total of $24 million to help young adults succeed. In 2016, Bank of America announced a $40 million commitment to connect 100,000 teens and young adults to job readiness experiences over the next three years, partnering with nonprofit organizations across the country to strengthen and enhance tomorrow’s workforce.

Bank of America
At Bank of America, our focus on Environmental, Social and Governance (ESG) factors is critical to fulfilling our purpose of helping make people’s financial lives better. Our commitment to growing our business responsibly is embedded in every aspect of our company. It is demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our customers, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocate groups, such as community and environmental organizations, in order to bring together our collective networks and expertise to achieve greater impact. Learn more at www.bankofamerica.com/about, and connect with us on Twitter at @BofA_News.