Project Greenwood expands high school FinTech program with support from Citadel and Citadel Securities
CHICAGO, January 18, 2022 /PRNewswire/ — The Greenwood Project today announced a new partnership with Citadel and Citadel Securities to significantly expand its summer program for Chicago secondary school students.
With funding from Citadel and Citadel Securities, The Greenwood Project will expand its summer FinTech Institute to serve 60 high school students in 2022, primarily from Chicago South and west sides. The initiative was launched in 2016 with five students in the pilot program and has since served more than 470 Black and Latinx students in Chicago. More than 75% of program graduates work in finance.
“The Greenwood Project is thrilled to partner with Citadel and Citadel Securities to expand our FinTech Institute into high school. This program was created to address a critical need for financial businesses: a shortage of talent, especially talent of color, with solid coding experience.” noted Bevon Joseph, co-founder and executive director of the Greenwood Project. “Our model shows that this early introduction to programming languages helps students identify an interest and talent for coding and ultimately leads more of our scholars to enter FinTech career paths.”
The High School FinTech Institute will focus on teaching financial literacy through coding with exposure to both the stock market as well as Python and R coding languages.
“The Greenwood Project’s high school program reaches students at a pivotal time in their educational journey, when skills-based training and exposure to new opportunities can pave the way to success,” said Gerald Beeson, Deputy Chief Executive Officer of Citadel. “We are proud to invest in these researchers who will help shape the future of our industry.”
Citadel and Citadel Securities have been leaders in expanding access to opportunities in finance and STEM through investments in programs for underrepresented and minority students.
Participants in The Greenwood Project’s High School FinTech Institute will have the opportunity to engage directly with Citadel and Citadel Securities team members through the program and on-site visits to the companies’ global headquarters in Chicago.
About the Greenwood Project
The mission of Greenwood Project is to create career paths in the financial services industry for Black and Latinx students and to partner with companies to find fair and inclusive solutions for recruitment, retention and advancement.
Their educational mission is achieved through a strong curriculum that teaches students the skills they need to succeed in a financial services internship. After rigorous training, students are immersed in an internship experience to get hands-on practice and build their resume. Greenwood Project’s goal is to capture high school students, spark their interest, teach them the skills needed to be successful, coordinate an internship experience for them, and help them translate that experience into a full-time offering. .
Co-Founder and Executive Director
SOURCE Greenwood Project