“Year Up” highlights the importance of education and job training in 2010 in the midst of a recession and with the US preparing to compete with global economies. In honor of the occasion, Lisette Nieves, New York Executive Director, Year Up, rings The Closing Bell®.
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Interviews
· Lisette Nieves, Year Up New York Executive Director, can discuss how Year Up is successfully working with Corporate America and students to train and employ urban youth — even during this recession. She can speak about how Year Up is working directly with the US Government to not only supply students as talent, but to also scale Year Up’s model so that youth around the country can have the opportunity for sustainable careers.
· Year Up students have passionate and inspiring stories, ranging from being in foster care to dropping out of community college due to their lack of funds to pay tuition. Luis Tejada, a Year Up alum who is now working for Leerink Swann, a healthcare investment bank, will be available for interviews at the NYSE. Luis joined Leerink Swann after he was hired full-time at his internship site, Leerink Swann. He is a Desktop Support Analyst and he offers support to all departments across three sites: New York, San Francisco and Boston.
Year Up
Year Up provides job training/professional skills to underprivileged inner-city youth, and then secures them with jobs at some of the nation’s top companies (e.g., J.P. Morgan Chase, American Express, Mount Sinai, Google, Microsoft, State Street, etc.).
From Wall Street to Helping Others — A Harvard MBA graduate, founder Gerald Chertavian’s career ranged from being an officer at Chemical Bank to co-founding Conduit Communications in 1993, which grew to $20M in annual revenues and more than 130 employees in London, Amsterdam, New York and Boston. From 1993 to 1998, Conduit ranked as one of England's fastest growing companies. Following the sale of Conduit to i-Cube in 1999, Gerald turned his full attention to opportunities for others. He started Year Up in 2000 to help underprivileged youth and to help them cross the opportunity divide.
Year Up’s Success — Since Gerald started Year Up almost a decade ago, it has achieved 100 percent placement of qualified students into apprenticeships, a 83 percent student retention, 90 percent of apprentices meet or exceed apprenticeship partner expectations, and 87 percent of graduates have been placed in full or part-time positions within 4 months of graduation.
Awards — Gerald is an Ashoka Fellow, and Year Up has been recognized by Fast Company and The Monitor Group as one of the top 25 organizations in the nation using business excellence to engineer social change — among many other awards.
National reach — Year Up is located in New York, Washington DC, Boston, Atlanta, San Francisco, and Providence. Future plans for an office in Chicago are being developed.
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