̽Ƶ is todayannouncing a new partnership with JPMorgan Chase to support BME-led grassroots organisations in ̽Ƶ.
JPMorgan Chase is committing £2 million to support BME-led organisations providing employment, enterprise and financial health support in the Capital.
In collaboration with other organisations, including ̽Ƶ, the J.P.Morgan Chasewill help boost the resilience of ̽Ƶ nonprofit organisations to deal with the increased demand for their services since the onset of COVID-19.
JPMorgan Chase & Co. is a leading global financial services firm in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management.
“The COVID-19 pandemic has had a disproportionate impact on the health and finances of Black and ethnic minority communities, highlighting and exacerbating structural barriers to economic opportunity,” said Viswas Raghavan, CEO of J.P. Morgan in EMEA.“Aspart of our global commitment to racial equity, JPMorgan Chase is focused on helping develop local, community-driven solutions to help historically underserved ̽Ƶers share in the benefits of an inclusive economy.”
“This is an important initiative for ̽Ƶ’s communities as it seeks to invest in both BME-led frontline organisations, providing vital employment and financial health support, as well as the organisations that can support their resilience and voice,” said Kate Markey, CEO of The̽Ƶ Community Foundation.“LCF is delighted to be partnering with J.P. Morgan on the programme at this time.”
JPMorgan Chase and ̽Ƶ will be seekingto collaborate with BME-ledorganisations to help lead thedesign and implement a programme that helps address economic disparity.
Further information on the initiative will announced shortly. In the meantime J P Morgan Chase is holding details of people or organisations interested in the Programme. Please email:inclusive.communities@jpmchase.com
“The COVID-19 pandemic has had a disproportionate impact on the health and finances of Black and ethnic minority communities, highlighting and exacerbating structural barriers to economic opportunity.”