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University-Industry Partnership to Create Jobs in Upstate New York

09/07/2007

Building on its longstanding commitment to New York State, JPMorgan Chase will invest $30 million over a 10-year period in an innovative partnership with Syracuse University to create a financial service technology and infrastructure curriculum and training program. The partnership also includes plans for a new corporate technology center on the Syracuse University campus, as well as scholarships and internships for students.

JPMorgan Chase employees and Syracuse University faculty and students will work together to create the interdisciplinary curriculum focused on the fields of financial and information technology and to sponsor new research and development activities. Not only will students from Syracuse University be able to participate in the program, but students from other public and private colleges and universities across New York State will be able to participate as well through distance learning opportunities and other classroom and research exercises.

According to Syracuse University Chancellor and President Nancy Cantor, "This comprehensive university-industry collaboration provides one of those rare opportunities to pool intellectual capital to make an immediate difference in industry, higher education, and our region.The creation of a state-of-the-art green-built technology center on our campus is a dream come true."

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