April 25, 2002
Thursday
Apr 25
2002

Press Release: Harlem Small Business Pilot Program Launches

New York
Press Release

President Clinton participates in economic and education partnership events in Harlem joined by Booz Allen Hamilton, Operation Hope, Citibank, and VH1

President Bill Clinton announced partnerships between the William J. Clinton Foundation, private sector companies, community leaders, small businesses and local schools.

The William J. Clinton Presidential Foundation launched The Harlem Small Business Pilot Program in cooperation with the Greater Harlem Chamber of Commerce, the Harlem Business Alliance, Booz Allen Hamilton, New York University Stern School of Business, and the National Black MBA Association. The program will provide professional technical and managerial assistance to eight small businesses. The services provided by the Booz Allen-led consulting teams range from marketing to inventory management. The project partners hope to establish a program, which will serve and support many small businesses over time.

At the Roberto Clemente Middle School, former President Clinton visited Operation Hope's Banking on our Future classroom and attend a performance by students participating in VH1's Save the Music program. Operation Hope and the VH1 Foundation are working with the William J. Clinton Foundation to bring these programs to Harlem schools.

"I want to do whatever I can to contribute to this community. I will continue to reach out for partners who believe as I do that everyone deserves an opportunity for success-partners like Booz Allen Hamilton, Operation Hope and VH1 -- who are excited about bringing opportunities to Harlem. There is a strong sense of community here in Harlem and I really enjoy being a part of this vibrant neighborhood I am looking for partners who want to bring opportunities to Harlem," said President Clinton.

For several months, the William J. Clinton Presidential Foundation has been working with the Greater Harlem Chamber of Commerce and Harlem Business Alliance along with Booz Allen Hamilton to develop a plan of action, criteria for selecting business to participate and the selection of those businesses.

The following companies in Harlem have been selected to participate: Dee's Card and Wedding Services, Katrina Parris Flowers, Dra-How Insurance Agency, Ken Taylor Plumbing, Carol S. Morales, DDS, Harlem Heaven Boutique (Hat Shop), Pan Pan Restaurant, and Buena Vista Pharmacy, Inc.

"We're pleased to be working with the William J. Clinton Presidential Foundation on such a rewarding project, which will deliver significant and lasting value to the Harlem community. This is a unique opportunity to bring the expertise we typically use to develop solutions for the world's leading businesses to help the small businesses that play such a big role in Harlem's cultural and economic well-being." commented Reggie Van Lee, Vice President and Managing Partner, Booz Allen Hamilton.

Operation Hope's Banking on Our Future Economic Literacy Program is a youth initiative that recruits volunteer banker-teachers to teach youth (6th-12th grade) on the basics of a checking account, savings account and the importance of credit and investments. They have a proven ten-year track record on economic literacy programs in underserved areas. All youth program participates will be allow to open up bank accounts with participating banks.

"Operation HOPE is happy to partner with the Clinton Presidential Foundation because we both know that education is the ultimate poverty eradication tool of the 21st century," said John Bryant, Chairman and CEO of Operation HOPE, Inc. "We believe in our youth and their future, and we have to give them more than love and best wishes. We must provide them with the knowledge they need to prepare for the economic realities of life and personal finance. Banking on Our Future is about building hope, character, and belief in oneself, from the perspective of something we all understand and relate to: money!"

"Getting your money to work for you means having the knowledge you need to make informed financial choices," said Jesse Q. Allen, Citibank's Area Manager for Manhattan's Upper West Side. "We are pleased to partner with Operation Hope on this initiative that will give children a head start on building bright financial futures, as well as offer our employees the opportunity to serve as volunteers within their communities."

"It is an honor to be recognized for the impact that VH1 Save The Music has had on improving the lives of our children across the country. We are excited about our partnership with the William Jefferson Clinton Foundation and Time Warner Cable of New York City to restore all of the instrumental music programs in the Harlem community," said Bob Morrison, Executive Director, VH1 Save The Music Foundation.

VH1 Save the Music Foundation is a non-profit initiative, which has donated more than $17 million in musical instruments to over 750 public schools. Former President Clinton has supported the VH1 Program and worked extensively to promote music education across the country, including Harlem where VH1 plans to have the program in every public and elementary school by 2004.

30-30-30

# # #

Learn more about our work at http://www.clintonfoundation.org/about, on Facebook at Facebook.com/ClintonFoundation and on Twitter @ClintonFdn.

INFORMATION ON PARTNERSHIP PARTICIPANTS

Booz Allen Hamilton is a global leader in management and technology consulting. Their areas of expertise include strategy, organization and strategic leadership, operations, information technology, technology management, and E-business strategy implementation. They currently employ a staff of 11,000 people on six different continents and provide services to major international corporations and government clients around the world. Booz Allen Hamilton has developed and implemented pro-bono projects in Harlem for the Studio Harlem and the Dance Theater of Harlem, which makes them a natural lead organization for this initiative. Booz Allen Hamilton employees bring together not only strategy and technology; they also bring together insight and action.

New York University Stern School of Business, New York University Stern School of Business, located in the heart of Greenwich Village, is one of the nation's premier management education schools and research centers. Stern offers a broad portfolio of academic programs at the graduate and undergraduate levels, all of them informed and enriched by the dynamism, energy and deep resources of the world's business capital.

Stern uses its vibrant New York City location as a fundamental element of the learning experience. Stern's innovative programs of study and focus on business research have been key to attracting the world's best talent - both students and faculty. The more than 200 full-time faculty and 70 adjunct faculty combine superb academic credentials with real-world experience and knowledge. With a diverse student body representing more than 55 countries, and one of the most international faculty among leading business schools, Stern is committed to bringing the global perspective to business education. The School, which celebrated its centennial in 2000, has more than 60,000 alumni around the world.

NYU Stern considers itself an integral part of the community and engages in numerous projects to improve the quality of life for all citizens. For example, after the events of September 11th, a student-initiated group formed the Stern Rebuilds Program to assist the small and medium-sized businesses downtown in their rebuilding efforts. Through internships for its MBA students, NYU Stern is continuing its efforts to help not-for-profit and small businesses, with a focus on minority-owned businesses.

The National Black MBA Association has been a unique presence in the business world since 1970. The Organization seeks to simultaneously service black MBAs, prospective black MBAs, employers, and government in order to service the larger Black community. The non-profit organization consists of 6,000 minority members who are MBAs, business professionals, entrepreneurs and MBA students. These members work in both the private and public sector in 39 United States chapters as well as the United Kingdom. All members share a concern for education and business.

Operation HOPE was founded in the wake of the Los Angeles riots in 1992, Operation HOPE, Inc. is a national non-profit self-help organization working to bring economic self-sufficiency to inner-city communities. Through partnerships with leading government, private sector, and community interests, Operation HOPE provides the financial education and services residents need to become homeowners, prepare for new economy jobs and start businesses.

In 1996, Operation HOPE launched Banking on Our Future (BOOF), which brings volunteer banker-teachers to classrooms to teach young people practical money management skills while inspiring them to take control of their financial futures. Working in partnership with 300 schools and community-based organizations nationwide, Operation HOPE, Inc. has provided financial literacy instruction to over 92,000 young people.

The interactive, on-line version of the BOOF curriculum is also available online at www.bankingonourfuture.com and via CD ROM.

Citibank is a member of Citigroup (NYSE: C), the preeminent global financial services company with some 200 million customer accounts in more than 100 countries that provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, Citifinancial, Primerica, Smith Barney, Banamex and Travelers. Additional information may be found at www.citigroup.com.

The VH1 Save The Music Foundation is a non-profit organization dedicated to improving the quality of education in America's public schools by restoring music programs in cities across the country, and raising awareness about the importance of music participation for our nation's youth. Through partnerships with affiliates, celebrities and advocates, as well as corporate and national sponsors, VH1 Save The Music conducts awareness campaigns, musical instrument drives and fundraising events in conjunction with public schools to help restore instrumental programs. VH1 Save The Music's ten-year plan is to bring participation to one million children in public schools.

VH1 Save The Music was honored with the Governors' Award (a special Emmy Award) from the Academy of Television Arts & Science, the George Foster Peabody Award for broadcast and cable excellence, seven Beacon Awards, presented by the Cable Television Public Affairs Association to honor excellence in public affairs throughout the cable industry. Additionally, VH1 Save The Music has been awarded a Golden Beacon, the Cable Television Public Affairs Association's highest honor, for the Foundation's impact on public education, as well as the Government Leadership in the arts Award, a special recognition award in arts programs for youth, from American for the Arts and the United States Conference of Mayors.