Employment and Jobs

Upskilling in the News: Google and Social Finance Launch $100 Million Career Certificates Fund to Support Learners in Underserved Communities

February 17, 2022  • UpSkill America

UpSkill America is an employer-led movement to expand opportunity for America’s workers and allow our economy and communities to thrive. As part of our mission to advance the upskilling movement, we are pleased to share the following news.

Today, Google and Social Finance announced a new $100 million fund to support learners in underserved communities. Through inaugural training providers Merit America and Year Up, learners will upskill and earn Google Career Certificates—industry-recognized credentials that equip people with the skills needed to enter fields such as data analytics, IT support, project management, and user experience design. Partners will provide services like career coaching, living stipends and job placement support. And participating organizations will connect students to an employer consortium of more than 150 companies who are looking to hire. Students take part at no upfront cost and will only pay it back once they find a job earning at least $40,000 a year. Social Finance will then redistribute those repayments to future learners, making this model more sustainable.

Even as the pandemic continues to impact our economy and society, we are pleased to see companies like Google remain committed to advancing the upskilling movement. We hope other organizations find innovative ways to promote upskilling during this challenging time.

 

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#Upskilling in the News: @Google and @SocialFinanceUS Launch $100 Million Career Certificates Fund to Support Learners in Underserved Communities, in Partnership with @MeritAmerica and @YearUp.

“We are excited to support @SocialFinanceUS to help expand economic opportunity for more Americans with our new $100 million Google Career Certificates Fund.” -Sundar Pichai, CEO @Google

“[We must] come up with creative solutions that enable women and parents to fully participate in our economy… I look forward to continue working with @Google and its partners behind this innovative program to help families get ahead.” @SecRaimondo

“[Our] role is to ensure that learners build skills to match the needs of today’s economy—and realize life-changing wage gains.” -Tracy Palandjian, CEO @SocialFinanceUS


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UpSkill America is an employer-led movement that promotes training and advancement practices to help workers progress in their careers and move into better-paying jobs. UpSkill America is an initiative of the Economic Opportunities Program.

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