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JPMorgan Chase donates
Program prepares students while aiding local businesses
Friday, Apr. 13, 2012
By Brenda Alling, WSU Vancouver
VANCOUVER, Wash. – JPMorgan Chase & Co. has given $40,000 to the business growth mentor & analysis program in the College of Business at Washington State University Vancouver. This is Chase’s second gift to the program, for a total of $62,000.
Part of fundraising
‘Campaign for WSU’
JPMorgan Chase’s gift contributes to the $1 billion goal of The Campaign for WSU - Because the World Needs Big Ideas. Washington State University will use the money raised for students, faculty, research and programs, and to leverage the university’s impact across the state, nation and world.
Since July 2006, the campaign has raised more than $680 million. WSU Vancouver is responsible for raising $20 million of the total. The campaign is scheduled to conclude in 2015 in conjunction with WSU’s 125th anniversary.
The business growth mentor & analysis program helps businesses in the Portland/Vancouver metropolitan region manage growth. Since spring 2011, the program has provided high level consulting services - pro bono - to help businesses and nonprofit organizations grow and create jobs in the community.
It served 11 businesses during fall semester and 22 this spring.
Chase is a leading global financial services firm with operations in more than 60 countries including branches in Vancouver.
While the program is beneficial to businesses, it also offers WSUV business students the opportunity to put classroom knowledge into practice, gain consulting skills and develop project management skills. Students work in teams under faculty direction and with the support of seasoned business professionals.
The end product is a business assessment, recommendations for achieving business growth and success, and help with implementation.
"JPMorgan Chase is delighted to be instrumental in the launch of the business growth mentor & analysis program, and we applaud the work of the WSU Vancouver business program,” said Brian Stewart, Chase community relations officer. "This innovative program is helping to spur economic development by providing consulting services to local small businesses while, at the same time, providing real-world experience for students as they prepare to become our workforce of tomorrow.”