bookmark_borderCareers In Media

Monday, March 4, 2013
12:30pm until 1:20pm

Speech Communication adjunct lecturer Eva Blackwell will discuss “Careers in Media” on Monday, March 4 from 12:30-1:20 p.m. in the South Hall Community Room, West Campus, Pottstown. Blackwell has many years of experience in various aspects of broadcast media, primarily in the Philadelphia area. The workshop is free and is open to all students.

bookmark_borderSummer Youth Program

Philadelphia, PA – During the British American Business Council (BABC) Breakfast with His Royal Highness The Prince Edward in attendance, Mayor Michael A. Nutter announced that pharmaceutical and healthcare company GlaxoSmithKline (GSK) and The Philadelphia Foundation will provide $1 million in grants to support WorkReady Philadelphia programs.

“This grant will make a tremendous difference in the lives of young Philadelphians that benefit from the programming offered by WorkReady, and it will also create an employee pipeline for area businesses,” said Mayor Nutter. “I appreciate the commitment GlaxoSmithKline has shown to our city and region, and I challenge other area businesses to follow its lead so that even more youth can be served. It costs only $1,600 to provide a summer opportunity for a young person. There is no better investment that we can make in our future than to help our young people achieve success.”

The money will fund 515 educationally-enriched employment opportunities for young people through the WorkReady Philadelphia summer programs and help launch a new bio-medical employment training program. WorkReady Philadelphia is the city’s system of youth workforce preparation programs that is managed by the Philadelphia Youth Network (PYN).

The $1 million includes $750,000 from the $5 million GlaxoSmithKline Inspiring Youth Endowment Fund and $250,000 from the Fund for Children. Both funds are administered through The Philadelphia Foundation, which has undertaken a comprehensive study of the out-of-school time needs of older youth to inform future allocations.

Prince Edward, the youngest son of Queen Elizabeth II, visited Philadelphia Thursday and Friday to honor Her Majesty’s Diamond Jubilee year and to support the Duke of Edinburgh’s Award youth development program in the city. The BABC breakfast recognized GlaxoSmithKline for the creation of the $5 million fund benefiting youth in the City of Philadelphia, including a $500,000 designation to The Duke of Edinburgh’s Award Philadelphia Program.

The Duke of Edinburgh’s Award program was established in 1956 by HRH Prince Philip, the Duke of Edinburgh, who is the husband of Queen Elizabeth and Prince Edward’s father. The program mentors 14- to 25-year-olds through self-selected activities in community service, physical recreation, skill development and an adventurous journey that includes outdoor experiences.

To be funded through the $1 million grant announced today are:
WorkReady Summer programs, which provide valuable exposure to workplaces across the city as well as weekly professional development seminars. The programs challenge youth to understand the correlations between work experience, skill attainment and high school completion and how those variables impact their potential for college and career success. Participants also can attain credits through the School District of Philadelphia.

WorkReady’s Industry Pipeline Model, which provides multi-year training for 11th and 12th grade students in industry-identified skills. The funding will allow for development of a new bio-medical employment training program that will prepare young Philadelphians to enter high-wage, high-demand positions in that industry.

Applicants interested in applying for the programs may visit PYN’s youth website at http://www.mypyn.org.
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About GlaxoSmithKline
GlaxoSmithKline is one of the world’s leading research-based pharmaceutical and healthcare companies. For further information go to us.gsk.com, follow GSK on twitter.com/GSKUS or visit the GSK blog: (www.morethanmedicine.us.gsk.com/blog).

About The Philadelphia Foundation
Since 1918, The Philadelphia Foundation has linked those with financial resources to those who serve societal needs. It is the region’s community foundation, serving Bucks, Chester, Delaware, Montgomery and Philadelphia counties. For more information, visit www.philafound.org.

About The Philadelphia Youth Network
A nationally recognized leader in youth workforce development, the Philadelphia Youth Network (PYN) is a non-profit intermediary organization that brings stakeholders together to change systems and improve educational and economic outcomes for the city’s youth. For more information, visit www.pyninc.org.

About The British American Business Council of Greater Philadelphia
Since 1991, the British American Business Council (BABC) of Greater Philadelphia has promoted increased trade and investment between the United Kingdom and the Greater Philadelphia region. The BABC of Greater Philadelphia is an affiliate of the Greater Philadelphia Chamber of Commerce. For more information, visit http://www.babcphiladelphia.com/about/.

bookmark_borderHarleysville Insurance Takeover

Nationwide Insurance has made an offer to buy Harleysville Group (Nasdaq:HGIC) for $60.00 per share.

Steve Rasmussen, Chief Executive Officer of Nationwide said, “This combination brings together two best-in-class companies that share a mutual heritage and a focus on meeting the long-term needs of our policyholders. With Harleysville’s expertise in commercial lines and Nationwide’s complementary geographic distribution, there will be a substantial opportunity to increase market share, while also providing our combined agents and customers access to a broader portfolio of insurance, financial and banking products.”

Michael Browne, President and Chief Executive Officer of Harleysville said, “Harleysville is very pleased to join forces with Nationwide in a transaction that will enable us to expand our business for our independent agency partners and to enter important new markets from a position of even greater strength. We are proud of our 96-year history and the longstanding success we and our independent agencies have enjoyed as a result of our partnership with one another. We remain committed to our trusted independent agency partners and to the independent agency system. I am confident that the combined organization will allow us to deliver the best products and services available to grow our independent agents’ books of business with us more effectively and efficiently. We look forward to working with Nationwide’s talented team and are very pleased that Nationwide has committed to maintaining the Harleysville brand.”

Rasmussen continued, “This transaction supports and accelerates our strategy and mission to make it easy for agents and customers to do business with Nationwide however they desire. Nationwide has invested heavily in independent agent distribution, beginning with our acquisition of Allied Insurance in 1998. While the Harleysville transactions would expand our independent agency distribution nationally, Nationwide also maintains a strong commitment to its exclusive agency partners. We’re committed to making strategic investments in all of our distribution channels as each is vital and contributes to our mission.”