Looking to revitalize its image as one that is economically competitive with the rest of the country, Newark has invested a great deal in businesses of all kinds. One corporation, the Newark Community Economic Development Corporation and its CFO Kevin Seawright have sought to do their part by helping the youth of Newark find work this summer with an employment initiative that calls for cooperation from local businesses and key city figures to boost jobs numbers across the city.
Summer Youth Employment Program provides paid summer work for high school students and recent graduates at the end of the 2015-2016 school year. In addition to giving young people a chance to earn money, many for the first time in their lives, the initiative also provides a boost to their college preparedness, working off statistics that credit employment with success in college.
Employment also comes paired with some educational courses. Having secured a partnership with Santander Bank and TD Bank, Seawright has announced that participants in the initiative will be given courses on financial literacy and money management. By helping them understand their relationship to money, how to manage it, and develop their skills to remuneration, students will have skills that will be essential to them in college and later on in life.
With more than 350 applicants having signed on to the program online, Seawright stated on Twitter he sees this employment initiative as crucial to Newark’s future. He cites the online process as being instrumental in that, making the admittance process that much easier to review.
Seawright projects an introduction of 3,500 employees from the initiative to the seasonal workforce in Newark, surpassing 2015’s workforce by 500 people.
Kevin Seawright is both Chief Financial Officer and Executive Vice President for the Newark Community Economic Development Corporation. Seawright has focused his time with the NCEDC on developing the city economy of Newark by attracting business talent from across the state and the country, making them competitive with other large cities in the Northeast and changing the city’s image in at the same time.
Before going to work for the development of New Jersey’s largest city, Seawright was Chief Financial and Facilities Officer for Maryland’s Departments of Recreation and Parks. From that office, he managed more than $50 million in federal and state money. Seawright then went on to work in the educational field and finance, administering hundreds of millions in construction and maintenance for schools and their infrastructure. At the Collington Life Care Community, Kevin Seawright was the Director of Operations, managing both property and managing the daily lives of over 500 residents on the property.