Results tagged as
"pathways to progress"
Youth Optimism, Meet Opportunity: Bridging the Gap between Young People’s Career Aspirations & Ability to Succeed
By Brandee McHale, President of the Citi Foundation February 22, 2017 09:00 AM
Young people today make up the largest youth population in history. Their successes and struggles are as diverse as their personalities and aspirations. However, in all corners of the globe, this generation faces a common challenge: persistent, high rates of youth unemployment. Left unaddressed, the consequences reverberate across our cities and affect us all. When young people don’t see or have a sustainable economic path, our families and communities also suffer. In fact, the futures of cities are intrinsically tied to the economic success of young people.
By Rachael Barber, Head of Community Development, EMEA November 23, 2016 09:00 AM
As we announced in September, we’re proud to be partnering with the Evening Standard’s #FoodforLondon campaign to help address food waste and food poverty in large urban centers like London. When the Evening Standard approached us in October asking for our help with distributing the boxes of fresh food they had been gifted at short notice, #CitiVolunteers stepped into action, helping to contact charities we work with whose clients desperately need better access to fresh food. Thanks to their efforts 250 food boxes were distributed to families in need through three charities– Brixton Soup Kitchen, Fight for Peace and Toynbee Hall.
From Comic Book Heroes to Cracked Phone Screens - Young Entrepreneurs Have their Sights Set on Success
October 12, 2016 12:30 PM
“We’re just 8th graders!” This disclaimer from youth entrepreneurs Anna Doherty and Hope Sacco sent waves of laughter around the auditorium. The duo might have been only in the 8th grade, but under bright lights, in front of a giant screen and an eager audience, their business pitch at the Network For Teaching Entrepreneurship (NFTE) National Youth Entrepreneurship Challenge (presented by the Citi Foundation) made it clear to hundreds of attendees that the business partners were serious about taking their success to the next level. The Baltimore-based co-founders of Girls Coloring for Change, a coloring book featuring illustrations of inspiring women, wowed guest judges, including returning judge David Chubak, Citi’s Head of Productivity. Their passion for empowering young girls, compelling team dynamic, and early business success in bookstores helped score them points. The pair ultimately walked away with the $25,000 grand prize package, which included a college scholarship and resources to help their business grow.
By Rachael Barber, Head of Community Development, EMEA September 21, 2016 08:45 AM
The world’s top 100 cities – London among them -- will generate 35% of global economic growth over the next ten years, yet the benefits of that growth are not evenly distributed. As a result of this economic realty, large urban centres face certain issues and challenges that must be addressed to create a more equitable future for all of their residents. Prominent among these issues are food waste and food poverty, which have negative impacts on the health and wellbeing of Londoners as well as the environment we all share.
At Citi, we’re partnering with the Evening Standard, London Community Foundation and the Felix Project to help people and communities come to grips with this pressing need. This partnership gives us a unique opportunity to play a critical role in making real progress on these critical societal issues. Most importantly, we fulfil our broader mission of enabling economic growth and progress by having a positive impact on the lives of all Londoners.
The problem of food insecurity is not unique to London. Citi and the Citi Foundation are already engaged in the provision of funding and volunteer support to initiatives in New York, Madrid and Sao Paulo, to cite just a few examples. In New York, Citi Community Development has long-developed ongoing partnerships with the Food Bank for New York City and City Harvest, both top-flight organizations working creatively to tackle food and financial poverty. We look forward to sharing this learning and experience more broadly, but ultimately every city must develop unique solutions to its own unique set of challenges.
By Guy Spigelman, CEO of PresenTense Israel September 15, 2016 08:00 AM
A group of young PresenTense entrepreneurs at their demo day presentations
Tel Aviv–Jaffa, a bustling city on the Mediterranean with beautiful beaches, vibrant nightlife and world-class food and culture, is also a leading hub for StartUps. The 2015 Compass report, a survey that rates international entrepreneurial ecosystems, declared Tel Aviv the number one place for tech StartUps outside of the United States. Many multinational companies, including Citi, have set up Innovation Centers and Accelerators in Tel Aviv to take advantage of the energy and talent on tap.
One of the greatest advantages of Tel Aviv–Jaffa is its comparatively high proportion of youth and young adults between the ages of 18 and 35. According to the Young-Adult Authority of the city council, over 30% of the local population are young adults, who come from all over Israel and the world to enjoy the lifestyle and work in the bustling tech scene. This matches the trends found by Accelerating Pathways, the global research initiative established by the Citi Foundation and the Economist Intelligence Unit, which found that close to half of today’s youth – globally -- have shifted residences in the past 5 years, while 77% are looking to work for themselves or to start their own business
By Ed Skyler, Executive Vice President for Public Affairs, Citi June 29, 2016 02:45 PM
When we think about the many ways that Citi makes a difference in our communities, whether by helping get the lights turned back on in Detroit, volunteering in our neighborhoods or helping young people prepare for jobs in today’s economy, we’re always gratified by recognitions from organizations like Points of Light, the largest organization dedicated to volunteer service in the world.
This year, for the fourth year in row, we’re honored to be included in Points of Light’s Civic 50, an initiative that honors the 50 most community-minded companies in the U.S. This year’s Civic 50 honorees were selected for demonstrating a consistent commitment to helping to address a wide range of societal challenges through volunteerism, responsible business activities and philanthropic support.
By Eva Harder, Writer, Communications, America’s Promise Alliance June 22, 2016 12:15 PM
For the past six months, America’s Promise has published a series of profiles highlighting 2015 Youth Opportunity Fund grantees that are supporting innovative, scalable programs that place low-income youth on a path to college and career success. This is the first article to look at trends and best practices across all 12 of them.
The Fund is led by the Citi Foundation and America’s Promise Alliance.
More than 5 million young people are not in school or working. The unemployment rate for Americans age 16-24 is 12.2 percent, more than twice the national average, and opportunities for low-income teens are often too far and few between.
In 2015, the Citi Foundation and America’s Promise Alliance set out to support programs that not only connect youth to economic opportunities, but also focus on inspiring and empowering young people to overcome barriers and fulfill their potential. The Youth Opportunity Fund invested in 12 nonprofits that are helping low-income youth build workplace skills to prepare them for careers in various sectors, further their education, and in some cases, break out of a cycle of generational poverty.
Much of what these nonprofits are doing are practices you’ll recognize.
They offer training and skill development, work experiences and industry connections, and informational support, like how to present in a job interview or apply to college. They eliminate financial hurdles to participate, and some of them even provide stipends. And not a single organization works alone, partnering with municipal governments, businesses and schools to create innovative programming and to expand their reach and expertise.
By Rachael Barber, Head of Community Development, EMEA May 04, 2016 09:30 AM
As an organization that does business in more than 160 countries and jurisdictions, we consider it our responsibility to support the cities and communities where we live and work. Within those communities we’ve identified high potential individuals and organizations transforming low-income communities by bringing together residents, nonprofits, businesses, and municipal agencies to accelerate urban progress and drive economic opportunity.
That’s why, as part of the Citi Foundation’s Pathways to Progress initiative, we announced a partnership last year with the London Evening Standard and the London Community Foundation to invest £500,000 in "The Estate We’re In,” an urban transformation project that empowers residents of housing estates in London to identify the issues they regard as important and implement their own ideas to transform their neighborhoods and their lives.
With additional funding from the Evening Standard’s Dispossessed Fund, the Cabinet Office, Linklaters and Mount Anvil, over £1 million has now been invested in more than 100 community organisations in 23 London boroughs. Last month I had the opportunity to meet many of these organisations when we hosted a reception to celebrate their work at Citi’s offices in London.
April 06, 2016 12:00 PM
Young people around the world need better economic opportunities, and increasingly the economic competitiveness of cities depends on their success. At the Citi Foundation, we work to inspire young people to believe in themselves and in their futures. That’s why, two years ago, we launched Pathways to Progress with a three-year commitment to invest $50 million to reach 100,000 low-income youth in ten cities across the U.S.
Through programs that cultivate an entrepreneurial mindset, instill leadership skills through debate and participation in service projects, provide a first job, and create networks of professional and personal support through mentor relationships, Pathways to Progress has connected tens of thousands of young people to opportunities that are shaping their progress and improving their economic futures. Today, we’re well on our way to meeting and exceeding our original goal, having reached over 70,000 young people.
By Kenneth Huertas, Make Your Job Participant February 11, 2016 04:30 PM
The Citi Foundation “Pathways to Progress Impact Video Series” demonstrates the impact of its U.S. program through the compelling stories of four young people who have participated in the initiative’s four core program paths: civic engagement, entrepreneurship training, mentorship, and summertime employment.
I’ve never had a shortage of ideas.
When I see a problem, I immediately start thinking of ways to address it. A successful business might start with a great idea, but without the right business plan and guidance a great idea might never be more than just that.
The Network for Teaching Entrepreneurship (NFTE) gave me the training I needed to bring my ideas to life while providing a much-needed service to my California community: A Touch of Eco, a mobile app connecting service providers to people in the market for an environmentally friendly car wash.
What you don’t get to see in my video: Boxing taught me discipline, how to stay focused, and how to push myself. One of the coolest parts of the NFTE program was the parallel between boxing and building a business.
When I’m in the boxing ring, I need to be able to think on my feet, recognize opportunity, and assess and take calculated risks. The coaching and courses at NFTE helped me hone these critical skills and apply them to the workplace.