Credit Suisse Awards $1 Million for Youth Apprenticeship Program

Credit Suisse Awards $1 Million for Youth Apprenticeship Program

Credit Suisse has announced a three-year, $1 million commitment to HERE to HERE in New York City in support of a student-focused youth apprenticeship program.

Awarded through the Credit Suisse Americas Foundation, the grant will enable CareerWise New York, a Swiss-style youth apprenticeship program powered by Bronx-based HERE to HERE, to provide paid apprenticeships to ninety-one students from public high schools in the city. Over the three years of their apprenticeships, students will earn more than $30,000 and acquire soft skills in the fields of finance, IT, or business operations. At the conclusion of the apprenticeship, they will have the choice to remain with their employer, apply to a postsecondary program, or both, continuing to earn while they learn.

"The Swiss system of apprenticeships could be a game changer in New York and elsewhere in the U.S.," said HERE to HERE founding chair Judy Dimon. "If well-designed, executed, and scaled, an apprenticeship system goes a long way in filling the talent and skill gaps in the rapidly changing labor market while providing invaluable experience to young people."

(Photo credit: CareerWise)