Wall Street West
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Wall Street West is a not-for-profit partnership in Northeastern Pennsylvania that is enhancing the financial services, information technology and related industries in the commonwealth through strategic workforce development and state-of-the-art economic development. Stemming from an interagency report by the Securities and Exchange Commission (SEC), the Federal Reserve and the U.S. Department of the Treasury – whose recommendations make the nine-county region an optimal geographic location for secure data back-up and back office operations – the goal of Wall Street West is to work with firms in New York City and the surrounding metropolitan threat zones to establish supplemental facilities to safeguard data, fund the education and training of a growing workforce, and expand the competitiveness and potential of these industries.
The Wall Street West partnership is made up of the top-tier economic development agencies; technology investment groups; workforce development organizations; education and research institutions; and private sector companies in the region. With the Ben Franklin Technology Partners of Northeastern Pennsylvania acting as the project manager, Wall Street West has federal support through a $15 million Workforce Innovation in Regional Economic Development (WIRED) grant from the U.S. Department of Labor for education and job training, as well as a combined $24 million commitment by the U.S. Department of Commerce, the Pennsylvania Department of Community and Economic Development, and private industry to enhance existing infrastructure.
[edit] WIRED Grants
In order to fulfill the goals of the Wall Street West Initiative, the group has obtained more than $15 million in funding from the U.S. Department of Labor.
- Bridging the Gap (A collaboration of Right Reason Technologies and East Stroudsburg University)
- Workforce Development Program for Financial Services (Lehigh Valley Workforce Investment Board and Lehigh University)
- Financial Literacy Institute for Junior and High School Teachers and Students (University of Scranton and College Misericordia)
- KIZ Intern Program (Created by the state Keystone Innovation Zone programs)
- Wall Street West Academy (Lehigh Carbon Community College)
- Originate Ventures Internship (Originate Ventures)
- Financial Services Competency Models (People Front and Center)
- Foreign Currency Trading Course and Trading Laboratory (University of Scranton and CEREBRONIX)
- Innovation Institute Professional Development & Curriculum Planning Project (Lehigh Carbon Community College)
- King’s College Economic Certificate Program (King's College and Prudential Financial)
- King's College Mathematics Summer Institute (King's College)
- Northeastern Pennsylvania Partnership for Workforce Development in Information Assurance (Regional Penn State campuses)
- Open Court (Compass Point & Originate Venture)
- Wall Street West Community Collaborative: Facilitating the Education and Workforce Development of the Financial Services Industry 8(PA Commission for Community Colleges)
- Your Employability Skills Certificate Program (Northeastern Pennsylvania Manufacturers and Employers Council)
- Building a Regional Global Language Infrastructure Program (The Center for Advancing Partnership in Education)
- Accelerated BBA Degree Program (Wilkes University)
- Security and Risk Analysis and Mitigation for Area College and Secondary Education, Industry, Community and Future Area Professionals Program (Penn State Worthington Scranton)
- GED Completers Transitioning to Postsecondary Education to Prepare for Employment in High Growth Industries Program (Luzerne County Community College)
- Enterprise Resource Planning Program (The University of Scranton’s Kania School of Management)
- Master’s of Science Degree in Financial Information Systems Program (Marywood University)
- Business Continuity Training and Marketing Analysis Program (East Stroudsburg University)
- Leveraging Information Security Education and Training through Web-Based Distance Learning Program (Penn State Berks)
- WorkKeys Assessment to Provide a Baseline for Curriculum Development and Skills Gap Identification Program (Luzerne County Community College)
- Collaboration for Workforce Readiness (Junior Achievement of Northeastern Pennsylvania)
- Project Lead the Way (Penn State Berks)
- Preparing Tomorrow’s Financial Services Manpower (Misericordia University)
- 21st Century Career Guidance Partnership (The Pike / Wayne Education Partnership)
- Middle Grade & High School Traditional & Non-Traditional Program Expansion (Junior Achievement Berks)
- Wall Street West Business and Finance Dual Enrollment Initiative (The Lehigh Career & Technical Institute)
- The Financial Industry Training and Support Program (The Northeast Pennsylvania Employment Consortium)
- NEPA Business Education Workforce Partnership (Lehigh Valley Workforce Investment Board)
- Wall Street West Higher Education Consortium (GSP Consulting)
- Building a 21st Century Workforce Delivery System Project (Workforce Wayne)
- Science, Technology, Engineering and Math Center—Northeast PA (TeamPA Foundation)
- Industry Partnership and Worker Training Program (Lackawanna County Workforce Investment Board)
- Intellectual Property Management Model (Lehigh University)
- The Knowledge Management Institute (University of Scranton)
- Pathways to an Engineering Career Program (Lehigh Career and Technical Institute)
- Turning on TORQ (Berks County Workforce Investment Board)
