Scotiabank invests US$2,000,000 in Junior Achievement for “Road to Success”


St. Thomas, Virgin Islands – February 23, 2017 – Scotiabank Int’l has invested US$2,000,000 in Junior Achievement’s (JA) project Road to Success. JA is one of the largest NGOs in the world devoted to inspiring and preparing youth to be successful in today’s global economy.

“One of our priorities is to support the ongoing improvement of the communities where we live and work. We are very proud to help JA offer financial literacy and social development programs to support young people with the tools and skills they need to be successful in the future,” said Denis Vaz, Country Head, Scotiabank U.S. Caribbean.

“Our biggest opportunity is to help youth discover their goals and guide them to reach success. Road to Success will allow us to do that by using innovative technologies to transform education,” said Leo Martellotto, President of JA Americas.

Road to Success provides young people with the necessary tools and hands-on in-class workshops to help them succeed in life and face economic challenges. The program’s objective is to raise awareness among youth about the importance of managing their finances and have clear professional goals, interests, and values.

  

  

The funding provided by Scotiabank supported the following three phases:

New version: Economics for Success 2.0 – During this phase, the existing content was digitalized to offer printed and electronic resources to participants.

New activities to complete Road to Success – Innovation Camps
JA introduced a new activity, the Innovation Camps. These one-day camps are an intensive experience that engaged students with entrepreneurial and collaborative learning opportunities. The students were divided into teams and all were presented with the same challenge to find a creative and innovative business solution that will benefit others in society.

National and Regional Innovation Camp Contests
After the initial Innovation Camp, a Scotiabank volunteer jury will choose the winners of the national competition, who will then compete against their peers in a regional competition.

The Road to Success program was implemented in the following countries:

Chile, Colombia, Mexico, Peru, Uruguay, Costa Rica, Panama, El Salvador, The Caribbean, Bahamas, Jamaica, Trinidad and Tobago, Puerto Rico, U.S. Virgin Islands, Dominican Republic, and Dominica.

In the U.S. Virgin Islands, the six week course was taught by Scotiabank and community volunteers in classrooms at Addelita Cancryn Jr. High School on St. Thomas and John H. Woodson Jr. High School on St. Croix. Road to Success will have a long-term impact on the future lives of 50,000 students between the ages of 16 and 20.

About Scotiabank
Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 88,000 employees and assets of $896 billion (as at October 31, 2016), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

About JA
Junior Achievement is an international non-profit organization focused in inspiring and motivating kids and youth to successfully endeavor in a competitive world. Its programs are based on three fundamental pillars: entrepreneurship, financial literacy, and access to the world of work. At a regional level, Junior Achievement Americas has a presence in 31 countries; its programs benefit annually to more than 1 million youth and have joint projects with companies such as FedEx, MasterCard, AT&T, Western Union, Scotiabank and the United States Development Office, among others.

For media enquiries only:


Scotiabank USVI

Christine N. Lee
Marketing Officer
(340) 715-9634
christinen.lee@scotiabank.com

Michelle Pérez
VP & Head of Marketing
(787) 474.5033
michelle.perez@scotiabank.com

Junior Achievement of the Virgin Islands

Albert Bryan, Jr.
Executive Director
(340) 643-2014
abryan@jausvi.org