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The University of Maryland School of Social Work will lead the evaluation and disseminate related research to benefit a new West Baltimore collaborative to empower Black and Latina women to gain wealth-building and entrepreneurial skills thanks to funding from JPMorgan Chase & Co.
JPMorgan Chase announced that it would give $5 million over the next three years to Baltimore City’s Prioritizing Our Women’s Economic Rise Collaborative (POWER), which will generate wealth-building opportunities for Black, Latina, and Hispanic women residing in the 21223 ZIP code and surrounding neighborhoods.
“UMB will play a key role in terms of analyzing what happens, that we’re doing what we hope to accomplish,” UMB President Bruce E. Jarrell, MD, FACS, said. “Hopefully this will be the start of even further development.”