Bank of America gives Morgan State University $1 Million for jobs initiative

Morgan State University and Bank of America announced a new $1 million jobs initiative partnership to help students of color successfully complete the education and training necessary to enter the workforce and embark on a path to success in Maryland. This initiative builds on Bank of America’s ongoing work to address the underlying issues facing individuals and communities of color who have been disproportionately impacted by the current health crisis.

This year, the bank provided $1.3 million in grants to nonprofits led by or serving people of color that are connecting individuals to skills and employment in Maryland. The initiative is part of the bank’s recent $1 billion, four-year commitment to advance racial equality and economic opportunity, and its $25 million commitment to enhance up-skilling and reskilling for Black/African American and Hispanic-Latino individuals.

With the support from Bank of America, Morgan State University will enhance existing programs to meet specific skills gaps to create higher paying, family-sustaining jobs that are in demand. Bank of America will work alongside employers in Maryland to ensure these programs target specific hiring needs and create a clearly defined career pathway to future employment.

To learn more, visit the Morgan State University website.

Source: Morgan State University