Braven receives $1 million investment from Barclays
With this financial support, Barclays becomes one of Braven’s deepest and fastest growing partners, helping more than 4,200 students attending HBCUs and HSIs on their path to economic mobility.
CHICAGO, October 27, 2022 /PRNewswire/ — Courageous, a not-for-profit organisation, today announced that it has received a significant two-year commitment from Barclays to support its mission to close the gap between education and employment in higher education. Thanks to Barclays’ financial investment of $1 million and the addition of mentorship from Barclays colleagues, Braven will be able to develop more than 4,200 four-year university students and help more than 650 graduates find employment over the next two years. With this support, Barclays becomes one of Braven’s all-time largest contributors, as well as a founding funder of a proposed new partnership with Delaware State University. Yesterday, Braven and State of Delaware signed a letter of intent outlining their respective commitment.
The bank’s ongoing partnership with Braven helps Barclays deliver on its citizenship ambition to enable people to develop the skills and opportunities they need to find work. This is another example of the bank’s commitment to promoting social equity in local communities.
“We are extremely grateful for the support from Barclays,” Aimée said. Eubanks Davis, Founder and CEO of Braven. “This is invaluable as we work to expand our impact across our existing sites of New Jersey, New York, Atlantaand a partnership project with Delaware State Universityto help thousands more students on their path to economic success and the freedom it brings.”
Braven gives promising and underrepresented students the skills, confidence, experiences, and networks to transition from college into solid first jobs that lead to meaningful careers and lives. To date, Braven has worked with 5,100 students at five universities (Rutgers-Newark UniversitySan Jose State, Lehman College, Louis National Universityand Spelman College). This year, Braven announced new partnerships with Northern Illinois University and the New York City College and continues to expand into new markets with the support of champions like Barclays.
“Braven helped me understand my passions, what I wanted to do, and develop the skills, networks, and experiences I needed,” said Jamila RitterAssistant Vice President at Barclays, current Braven leadership coach and Braven alumnus of Rutgers-Newark University. “Through Braven’s support and training, I was equipped with the skills to land a solid job at Barclays with a career path, and now I’m passing it on to the next generation.”
In addition to this financial contribution, Barclays colleagues volunteer to support Braven Fellows. They serve as mentors and leadership coaches, volunteering several hours a week for 15 weeks to help Fellows develop their leadership skills in a variety of professional skills. Barclays also sponsors a Capstone Challenge, where fellows compete in a design brainstorming sprint that culminates in a pitch competition addressing the company’s most pressing pain points. Barclays has hired several Braven Fellows and is committed to expanding opportunities for Braven alumni within the company.
“We are proud to partner with Braven, an organization working to build a better future for the next generation,” shared Deborah Goldfarb, Global Head of Citizenship at Barclays. “By equipping college students attending HBCUs and public universities with the skills and networks needed to successfully find employment, we are helping to create a diverse and more equitable talent pool and workforce.”
Braven Fellows exceed the national average for strong professional achievement both before and during the pandemic. Within six months of graduating, 61% of Braven 2021 graduates secured quality full-time jobs worthy of their bachelor’s degree or enrolled in graduate school, compared to 54% of all graduates and 46% students from similar backgrounds. Additionally, 64% of Braven college graduates have at least one college internship, compared to 55% of all college graduates and 53% of students from similar backgrounds.
For more information on Braven, visit bebraven.org. If you are interested in getting involved, sign up to become a volunteer.
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in United States who creates highly personalized programs to drive customer loyalty and engagement for some of the nation’s most successful travel, entertainment, retail and affinity institutions. The bank offers co-branded, small business and private label credit cards, installment loans, online savings accounts and CDs. For more information, please visit www.BarclaysUS.com.
Barclays is a UK universal bank, diversified by business, different types of customers, customers and geography. The businesses include worldwide consumer and payment banking operations, as well as a leading, full-service global corporate and investment bank, all of which are backed by its services company which provides the technology, operations and functional services across the Group. . For more information about Barclays, please visit www.Barclays.com.
Founded in 2013, Braven empowers promising and underrepresented young people — first-generation college students, students from low-income backgrounds, and students of color — with the skills, confidence, experiences, and networks needed to transition from college to a solid first job. Braven is embedded in institutions of higher education and partners with employers to integrate cutting-edge professional training into the undergraduate experience. Braven Fellows persist in college and reach exciting levels of internship and employment. For more information on Braven, visit BEBRAVEN.ORG.