New York’s Ladders for Leaders internship program was revamped. The number of available internship positions doubled, the number of private sector employers participating in the program tripled and the number of tech industry companies offering internships quadrupled.
Today, just two months later, there are 975 students placed in internships across the city, compared to 475 in 2014.
“The expansion of the Ladders for Leaders program will further enhance our efforts to connect young people to the opportunities of today and help them become the leaders of tomorrow,” said DYCD Commissioner Bill Chong in a press release.
The City has created 197 positions for students in the tech industry through first-time partnerships with a number of companies like AOL and Pandora. Last year, there were a mere 44 slots available in the tech industry.
“At AOL, talent is our first priority,” said Tim Armstrong, CEO of AOL in a press release. “Partnering with the Ladders for Leaders and the Center for Youth Employment has allowed us to open our doors and tap into the top talent among New York City’s youth.”
Overall, the City has partnered with 184 public and private employers as worksites in 16 industries including anything from finance to hospitality.
Major businesses like Tishman Speyer and Sheraton Hotels will also host interns.
“Tishman Speyer is proud to support the Ladders for Leaders program and to welcome a new group of exceptional interns this summer," said Rob Speyer, co-CEO of Tishman Speyer and Chair of Board of Advisors for the Mayor's Fund to Advance New York City, in a press release.
The Center for Youth Employment’s ultimate goal is to increase 75 percent over its current capacity and provide 100,000 young New Yorkers ages 14 to 24 with summer jobs, internships and mentorships yearly by 2020.