FOR IMMEDIATE RELEASE
Tuesday, June 12, 2012
Al Killeffer (Mayor's Office)
704-336-3438 or email@example.com
Justine Gazzola (Neighborhood and Business Services)
704-315-3259 or firstname.lastname@example.org
(Charlotte, N.C.) At today’s Mayor’s Youth Employment Program (MYEP) 2012 Kickoff Luncheon, Mayor Anthony Foxx marked the official start of the summer internship season with an announcement that the Bank of America Charitable Foundation has provided the program with a $100,000 grant to fund the salaries of 68 participating youth who will intern with nonprofit organizations in the Charlotte area. In addition, the bank will be hiring 12 interns to work in local banking centers this summer.
The annual MYEP Kickoff Luncheon event provides interns and host employers an opportunity to connect prior to the start of the internship and share logistics about the summer placement. Bank of America is one of more than 70 local employers providing internships to over 300 MYEP students this summer—a record number to participate in the MYEP summer internship program.
“I am committed to the youth in our community and believe the Mayor’s Youth Employment Program will have a lasting and positive effect on these young adults,” said Foxx. “I’m thrilled to have Bank of America on board as a corporate sponsor. Together, we will work to ensure the future success of these students.”
Bank of America’s partnership with MYEP is part of the bank’s Summer Youth Employment Initiative to help provide at-risk young people with private sector and nonprofit jobs that will give them valuable skills and experience.
“Teens have been disproportionally affected by the recession with unemployment rates at an all-time high,” said Charles Bowman, North Carolina and Charlotte market president, Bank of America. “Summer jobs provide more than just a paycheck to young people. Connecting these outstanding young people to work experience through the Mayor’s Youth Employment Program helps them gain additional skills and build their network as they develop further as leaders.”
MYEP seeks to build partnerships with host employers in the private, public and nonprofit sectors who are able to provide one-of-a-kind summer work experiences for MYEP participants. By providing opportunities in areas such as banking and finance, nonprofit management, media and telecommunications, engineering and local government, MYEP gives participants an inside look at the industries that are driving Charlotte’s economy.
About the Mayor’s Youth Employment Program
Since 1986, MYEP has worked to prepare Charlotte’s youth for future employment. MYEP provides summer internships for youth ages 16-18 and offers extensive job readiness training and other career exploration opportunities to ensure youth are best prepared to join the workforce. MYEP participants are motivated high school students recommended to the program by various community partners such as: Communities in Schools (CIS), Right Moves For Youth (RMFY), Goodwill Industries, CMS Career Counselors and others.
About Bank of America’s Summer Youth Employment Initiative
Bank of America’s Summer Youth Employment Initiative is a partnership with city summer youth programs in coordination with the U.S. Conference of Mayors to provide 800 at-risk teens with summer jobs at local nonprofits and businesses in 18 communities across the country. This funding is part of the company’s three-year $50 million goal announced at the White House last summer to support workforce development and education initiatives leading to economic self-sufficiency through employment.