4:00 PM - 4:45 PM PDT

YBCA - Screening Room

Paying It Forward: A Regional Approach to Financing Economic Mobility
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We're facing huge and growing workforce gaps, while the exceptional job training remains elusive for far too many. In response, a group of innovative public-sector leaders are partnering with major employers to design a new, place-based approach to financing training access, credential achievement, and better earnings.

In this session, you'll hear about the nation’s first public-private Pay It Forward Program - recently launched in the State of New Jersey, in partnership with the New Jersey CEO Council and Social Finance - as well as a major Pay It Forward initiative in design for San Diego's behavioral health workforce. Both programs intend to eliminate barriers to opportunity through outcomes-based, revolving loan funds with significant downside protections for borrowers, helping more people access quality training programs and secure well-paying jobs of the future.

Speakers

Sarah Keh

Vice President, Inclusive Solutions

Prudential Financial

Jake Segal

Managing Director, Impact Advisory and Public Sector Practice

Social Finance

Adrienne Chuck

Manager of Workforce Development

San Diego Workforce Partnership

Tara Colton

Executive Vice President for Economic Security

New Jersey Economic Development Authority (NJEDA)

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