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Verizon donates $15K to St. Louis’ Gateway Global to boost workforce development

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Verizon has donated $15,000 to Gateway Global, a St. Louis nonprofit focused on STEM-based apprenticeship education and workforce development. The donation coincides with the completion of a mentoring program where Verizon network team members shared their experiences with local students. Gateway Global prepares youth for high-quality jobs in geo-spatial careers, supporting the $2 billion National Geo-Spatial Intelligence Agency headquarters under construction in North St. Louis.

The partnership, established in 2022, culminated in a STEM event showcasing drone demos and Verizon's 5G Network technologies. Verizon's support aims to foster entry-level tech jobs and career advancement in critical infrastructure. The collaboration highlights the impact of mentorship in supporting the future workforce in St. Louis.

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Positive

  • Verizon donated $15,000 to support STEM education and workforce development
  • Partnership with Gateway Global fosters entry-level tech jobs and career advancement
  • Mentoring program provides valuable industry experience to local students

Negative

  • None.

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On the day this news was published, VZ gained 0.02%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ST. LOUIS, July 30, 2024 (GLOBE NEWSWIRE) -- Coinciding with a new local investment of $15,000 and a STEM event today in St. Louis, Verizon is celebrating the completion of a mentoring program with St. Louis nonprofit Gateway Global, whose STEM-based apprenticeship education and workforce development solutions foster entry-level tech jobs, promotions to management and beyond.

Gateway Global focuses on geo-spatial careers, working to prepare youth for the high-quality jobs that will be needed to support the nearly $2 billion National Geo-Spatial Intelligence Agency headquarters under construction in North St. Louis. Mentoring local students throughout the summer, Verizon network team members have shared their career journeys and experiences while working on critical infrastructure.

This afternoon at a Verizon facility in St. Louis, Verizon staff and youth are celebrating the completion of the program to demonstrate technology in action. Students will see drone demos and Verizon engineers will showcase technologies that help drive Verizon’s ultra-fast 5G Network.

“Volunteering with Gateway Global for the past three years has been an incredible experience for myself and my team of Network engineers,” said Marc Lindauer, mentor and Associate Director of Network Operations. “Supporting the students through their capstone projects and learning about their interests and career aspirations is a great opportunity for us to share our expertise with youth from around the St. Louis community.”

“Verizon mentors dedicating time to work with students on our programming has been amazing,” Zekita Armstrong Asuquo, Gateway Global CEO, said. “Our students appreciated having support with their capstone projects as well as helping them think through career pathways in critical infrastructure. Verizon has shown how impactful mentorship can be to support the future workforce in St. Louis.”

Establishing a partnership with Gateway Global in 2022, Verizon is proud to continue to support the work through this new $15,000 investment and related mentor programming.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Jeff Kew
jeff.kew@verizon.com
(234) 350-7883


FAQ

What is the amount of Verizon's donation to Gateway Global in St. Louis?

Verizon donated $15,000 to Gateway Global, a St. Louis nonprofit focused on STEM-based education and workforce development.

How is Verizon (VZ) supporting workforce development in St. Louis?

Verizon is supporting workforce development in St. Louis through a $15,000 donation to Gateway Global, a mentoring program with local students, and STEM events showcasing technology like drone demos and 5G Network technologies.

What is the focus of Gateway Global's workforce development program in St. Louis?

Gateway Global focuses on preparing youth for high-quality jobs in geo-spatial careers, supporting the $2 billion National Geo-Spatial Intelligence Agency headquarters under construction in North St. Louis.

When did Verizon (VZ) establish its partnership with Gateway Global in St. Louis?

Verizon established its partnership with Gateway Global in 2022 and continues to support the work through investments and mentor programming.
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