JPM.L Regulatory News (JPM)

16 Sep 2013 18:06

Building off a successful U.S. launch in February, JPMorgan Chase (NYSE: JPM) announced today three upcoming Code for Good Challenges. The Code for Good Challenges bring together college students studying technology to develop solutions to challenges faced by nonprofits during an intense two-day event.

“The Code for Good Challenge has quickly become a recognizable event on a global scale,” noted CIO Mike Ashworth. “These events are a tremendous boost not only for the nonprofits and the students who put their skills to the test, but to JPMorgan Chase. We get to see some really talented students demonstrate their skills. It’s a great recruiting opportunity for us.”

The series of U.S.-based events will take place in New York, Delaware and Ohio and a fourth event is scheduled for London. Dates of the first U.S. events:

Participants at each event will be placed into teams and tasked with working together to creatively solve a challenge faced by a local nonprofit organization. JPMorgan Chase technologists will also be involved, advising participants throughout the course of the event. A panel of judges will determine the winning team, which will be announced at the culmination of the 2-day event.

College students majoring in a technology-related field at universities who would like the opportunity to put their coding skills to use for a good cause, should apply by visiting http://techcareers.jpmorgan.com/techcareers/us/opportunities/codeforgood and selecting the event they wish to participate in.

The deadline to apply for the three U.S. events is September 22nd.

The U.S. series was kicked off in February at the firm’s New York City Headquarters and continued in Columbus, Ohio and Newark, Delaware. Students from over 40 different universities joined with 6 nonprofit organizations to create innovative technology solutions for the social sector, coding overnight for over 24 hours. On the second day of each event, a panel of judges determined the winning team.

In New York, the winning team was made up of Syracuse and Cornell students who created a solution that was both a web and mobile app designed to help track in-kind tools and machinery during relief efforts in times of disaster with off-line capabilities. Their solution supported Team Rubicon, which mobilizes military veterans and first responders to rapidly deploy emergency response teams and provide disaster relief.

In Delaware, students from the Rochester Institute of Technology, University of Delaware and University of Pennsylvania designed a mobile app to benefit the United Way of Delaware. The app will enable residents of Delaware to access key information about their more than 2,000 services in times of emergency and on weekends when the office is closed.

In Ohio, a team of students from Miami University of Ohio and Ohio State University developed an app for the community Shelter Board, a Columbus-based nonprofit that aims to alleviate homelessness in the city. The app allows for cross-agency collaboration, and helps The Community Shelter Board track homeless camps and individuals living in places not meant for human habitation.

While a single winning team was recognized at each event, the creations of the other participating teams will not go unused. JPMorgan Chase’s Technology for Social Good team continued to build and implement various components of the solutions developed during the Code for Good Challenges as a part of their Force for Good program by leveraging their technology analyst and intern program participants.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Media:Erich Timmerman, 212-622-4080erich.timmerman@jpmchase.com

Copyright Business Wire 2013