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Wachovia’s $25,000 Contribution to Midlands Technical College Foundation an Investment in Economic Development

Submitted by: Amanda K. Taylor on Dec 03, 2009 at 5:19 pm Tagged with: College, Education Source: Midlands Technical College

Wachovia officials announced today a $25,000 contribution to the Midlands Technical College Foundation. With this community investment, Midlands Technical College will continue to improve the quality of life throughout the Midlands, support the region’s economic development, and build a world-class workforce needed by area employers.

Specifically, MTC will use the Wachovia contribution to expand access to its Quick Jobs program. Quick Jobs is an MTC Continuing Education program that prepares participants for high demand occupations in local industries such as skilled crafts and health care. It will also help increase the basic skill levels necessary to participate in local economic development opportunities.

MTC and Fairfield County are planning to break ground on a more than $2 million training center later this month that will specialize in offering Quick Jobs programs to local residents.

“We are proud to continue our long-standing support of education by contributing to Midlands Technical College,” said Holt Chetwood, Greater Columbia market president for Wachovia. “We are especially pleased to support the Quick Jobs program, which creates such practical solutions to help decrease unemployment in our region.”

“We are very grateful to Wachovia for their generosity and commitment to higher education,” said MTC president Dr. Marshall (Sonny) White, Jr. “We know that the key to community-wide advancement in this difficult economy is providing relevant, career-oriented higher education for the 65 to 70 percent of our citizens who must have education and skills beyond high school, but less than a four-year degree.”

The MTC Foundation, a group of 30 business leaders from the Midlands, is the structure through which individuals, corporations and other private sector interests can demonstrate their support for the academic programs and economic development services offered by Midlands Technical College. MTC enrolls approximately 18,000 credit students annually, and provides training for 30,000 individuals and services to hundreds of area businesses each year. MTC is the largest source of transfer students to the University of South Carolina. Information on MTC Quick Jobs programs is available at www.mtctraining.com/quickjobs.

Wachovia is now part of Wells Fargo. As a combined company, it moves forward as one of the strongest financial institutions in the world with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 stores, over 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.