Plans for Growth
Year Up is conducting a $225 million capital campaign to support its growth, impact, and innovation through 2021. During this period, Year Up plans to more than double the number of students it serves annually, from 3,000 in 2016 to 8,500 in 2021 (6,500 when Blue Meridian Partners’ current investment ends in 2020).
Growth will be driven by Year Up’s community college-based Professional Training Corps (PTC) model, which enables Year Up to reach greater numbers of young adults at a substantially lower cost. Importantly, PTC sites at full capacity are sustainable, with revenue from corporate partners covering operating costs.
Yet Year Up recognizes that it cannot achieve its long-term goal – closing the “Opportunity Divide” for 6 million young adults ages 18-24 who are currently out of school and out of work or chronically underemployed – on its own. Year Up plans to leverage the impact of its programs to provide similar opportunities to many more young adults than it could ever serve directly. It is exploring these opportunities – including new partnerships to reach broader populations of young people and involve a wider array of employers – and piloting new initiatives to achieve even greater scale.