What is New Ways?
New Ways to Work is dedicated to enhancing youth workforce development by equipping young individuals with the essential skills and support for successful futures. The organization focuses on empowering youth, particularly those facing socioeconomic challenges, from foster care, or involved with the criminal justice system. Through comprehensive services including career readiness, professional development, work-based learning initiatives, and direct employer engagement, New Ways bridges the gap between young talent and meaningful employment opportunities. Their nationwide collaboration with communities and organizations aims to build effective job creation and transitional systems for at-risk youth.
How much funding has New Ways raised?
New Ways has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in New Ways
PPP
Public-Private Partnership
What's next for New Ways?
Given the large-scale, late-stage funding context and the recent strategic investment, New Ways is poised for significant expansion and operational scaling. This capital infusion is likely to fuel the enhancement of their existing programs, the development of new outreach strategies, and the strengthening of partnerships with employers and community organizations. The company's focus on critical transitional systems for vulnerable youth suggests a strategic direction towards solidifying its impact and potentially broadening its geographical footprint. Future developments may include technological advancements in their service delivery or expanded support networks to further empower young individuals entering the workforce.
See full New Ways company page
