Snapshot
November 06, 2014

Webster Bank signs on as official sponsor for BUILD

Participating in this sponsorship deal:

Websterbanklogo full Open uri20141112 64162 f8libq?1415810499

About Sponsor:

Based in Waterbury, CT and with $19 billion in assets, Webster Bank provides business and consumer banking, mortgages, financial planning, and trust and investment services through 167 banking offices stretching Boston to Westchester County, N.Y., 466 ATMs, telephone banking, mobile banking, and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank.

About Property:

BUILD's mission is to use entrepreneurship to excite and propel disengaged, low-income students through high school to college success. Serving disadvantaged youth has been at the heart of BUILD's efforts since our organization was founded by attorney Suzanne McKechnie Klahr in 1999. Suzanne was teaching business entrepreneurship as part of a public service fellowship in East Palo Alto, California. One day, four Latino boys approached her for help. They wanted to drop out of high school and start a small business. After listening to their plans, she agreed to help them on two conditions: they stay in school and improve academically. Under her guidance, all four students went on to graduate from high school and enter college. This experience inspired Suzanne to found BUILD and offer a four-year program that targets disengaged high school students in low-income communities and uses entrepreneurship to motivate these students to excel in school and go to college. In 2002, BUILD became a key player in school districts when it went into local high schools and began offering its entrepreneurship curriculum as a daily, credited class. By working closely with the partner schools and their teachers, BUILD began supplementing students' traditional education with the real-life experience of running their own small businesses. This unique experiential learning program increased students' self-confidence, taught them the value of critical academic skills, and motivated them to graduate and pursue post-secondary education. Teachers have seen the transformative effect of BUILD on their students in the classroom, and the schools experience decreased drop-out rates and see more students go on to college.

Comparable Deals
Nearby Deals

View cost of comparable deals

Signup as Professional
Deal Analysis

View Deal Details

Signup as Professional
People
<2>View Deal Makers Signup as Professional