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$1 million commitment from JPMorgan Chase announced at Central Ohio Compact

Update | Thursday, October 3, 2019

photo from event
The annual Central Ohio Compact began Wednesday with an announcement that JPMorgan Chase has committed an additional $1 million to Columbus State to prepare students for technology jobs of the future.  The commitment builds on a $2.5 million New Skills at Work award in 2014 that focused on building and supporting infrastructure for the Central Ohio Compact. The Compact is a college-convened coalition of K-12, higher education, business and civic sector partnering to increase postsecondary credential attainment within the region.

The announcement was made by Corrine Burger, a Columbus State trustee and the chief control manager for JPMorgan Chase’s Consumer and Community Bank and Asset Wealth Management and Columbus Location Leader. She said, “Through this effort with Columbus State, we’re connecting the next generation with the tools and skills they need for the jobs of tomorrow and putting more people on the path to success.”

President Harrison said, “We are committed to leveraging this funding to build ladders of opportunity into the high-demand IT field for area workers and students.”

(The official news release for the $1 million commitment is here.)

The half-day Compact meeting in Mitchell Hall brought together more than 300 people, including educators, civic leaders, and business and industry leaders. Topics included “The Dynamics of Power and Our Partnerships” and “The Competitive Impacts of Our Collaboration.”

A panel on the topic of “The Future of Work,” included President Harrison, Alex Derkson, vice president of Global Philanthropy at JPMorgan Chase, and Pat Tiberi, former congressman and current CEO of the Ohio Business Roundtable.

Derkson said, “Partnerships are key.” He said his company doesn’t have the silver bullet. That’s why they want to work with organizations such as the Compact and the College to find answers.

Tiberi said, “(The Compact) is amazing. This collaboration isn’t happening around the state and nation. The state that gets this right is going to be ‘advantaged’ in the future.”

News coverage
The announcement of the $1 million commitment received news coverage. The Columbus Business First story is here. (Note: non-subscribers are only able to view three online stories per month free of charge.)

There is also an op-ed in today's Columbus Dispatch by Corrine Burger. You can read it here.

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