City Announces New Commitments From Leading Tech Companies

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FOR IMMEDIATE RELEASE
Thursday, March 8, 2018

CITY ANNOUNCES NEW COMMITMENTS FROM LEADING TECH COMPANIES TO PROVIDE MORE NEW YORKERS WITH ACCESS TO IN-DEMAND TECH CAREERS

Google, EY, United Technologies will Join Industry Leaders in Increasing Commitments to the City’s Tech Industry Partnership

NEW YORK – NYC Department of Small Business Services Commissioner Gregg Bishop today announced new commitments from tech industry leaders to better prepare New Yorkers for middle class careers in New York City’s growing tech sector. Google, Ernst & Young LLP (EY), United Technologies, and others have increased commitments to the City’s NYC Tech Talent Pipeline Industry Partnership (TTP) to support existing efforts to fill employer needs with local talent by lowering barriers to tech sector employment. Since its launch in 2014, TTP has connected New Yorkers to jobs with an average salary of over $63,000 at companies including Amazon, Twitter, IBM, and Spotify.

These new commitments will build on those already made by 225 companies working in partnership with TTP. These new commitments were announced at TTP’s Advisory meeting Board hosted by NYC Deputy Mayor for Housing and Economic Development Alicia Glen earlier this week.

“The growing tech industry has already brought 326,000 jobs to New York City and employers should know that the qualified talent to fill these jobs can be found across the five boroughs,” said Gregg Bishop, Commissioner of the NYC Department of Small Business Services. “The new commitments made today will go a long way in continuing to promote an inclusive economy in which New Yorkers have the training and resources they need to access well-paying careers.”

"Google works hard to expand the pool of technologists and increase access to STEM/CS education and programming,” said Sarah Henderson, Education Initiatives, Google. We're excited to partner with the City of New York to bring our learnings and passionate employees to the table.”

“Challenges facing our clients around the world increasingly require tech-enabled solutions and dynamic problem solvers to execute them,” said Roger Park, Innovation & Strategy Lead for Financial Services, Ernst & Young LLP (EY). “We opened our Union Square Innovation Center in 2017 and are thrilled to work with the City and the NYC Tech Talent Pipeline because we know that NYC has the talent and opportunities to fuel our role as a nexus of innovation for our customers.”

The new commitments announced today are consistent with TTP’s goal to drive systemic change throughout the NYC tech ecosystem and include the following:

Google to join TTP’s Tech-in-Residence Corps and bring qualified industry professionals into the classroom to teach emerging skills. Currently, seven new courses are being taught at CUNY schools by 12 industry professionals to reach 142 students. The program was launched in October with an inaugural cohort of companies including LinkedIn, StreetEasy, EY, Citi, Credit Suisse, Etsy, AppNexus, Addepar, Fareportal, Adaptiv, Dstillery, JetBlue, Infor, Spotify, and Vimeo. It is provided in partnership with the CUNY Advance Initiative for Tech Education. Visit techtalentpipeline.nyc/higher-education for more information.

EY, Fareportal, and United Technologies to join the TTP Advisory Council and work with the City to define and meet industry employment needs that effectively connects local talent to in-demand tech careers.

This May, TTP will host an Academic Summit that convenes industry professionals and educators to discuss industry feedback on curriculum, emerging trends, and in-demand skills for tech educators across the city.

Companies that have hired TTP program graduates since October 2017 include Blackrock, Twitter, JPMorgan, Infosys, Citi, Business Insider, Maggy London, RBC, Cedrus Digital, Techolution, Unified, Alteryx, Moneylion, CKM Advisors, Putnam Investments, Bank of America, Accenture, Verizon, JPMC, GrubHub, JetSweat, Viacom, Infor, Boeing, SoftworksAI, flow.io, Rent the Runway, Foursquare, Amazon, Bloomberg, ConEdison, Ernst & Young, IBM, InfoSys, Booz Allen, Spotify, and Intuit.

For more information on TTP, visit techtalentpipeline.nyc.

About the NYC Tech Talent Pipeline
Launched by Mayor Bill de Blasio in 2014, the NYC Tech Talent Pipeline is the City's tech Industry Partnership, designed to support the inclusive growth of the NYC tech sector and prepare New Yorkers for 21st century jobs. The Tech Talent Pipeline works with 175 companies, 16 local colleges, and additional public and private partners to define employer needs, develop training and education models to meet these needs, and scale solutions throughout the City, delivering quality talent for the City's businesses and quality jobs for New Yorkers. http://www.techtalentpipeline.nyc/

About NYC Department of Small Business Services Industry Partnerships
The NYC Tech Talent Pipeline is one of SBS's five industry partnerships that work with employers, industry and trade organizations, organized labor, non-profits, training providers and educational institutions, private philanthropy, and workforce organizations to build a sustainable and robust pipeline of local talent to fill New York City's jobs, create formal career paths to good jobs, reduce barriers to employment and sustain or increase middle-class jobs. Other industry partnerships include the construction, healthcare, hospitality, and industrial fields.

About the Department of Small Business Services (SBS)
SBS helps unlock economic potential and create economic security for all New Yorkers by connecting New Yorkers to good jobs, creating stronger businesses, and building a fairer economy in neighborhoods across the five boroughs. For more information on all SBS services, go to nyc.gov/sbs, call 311, and follow us on Facebook, Twitter, and Instagram.