{"id":5002,"date":"2020-10-15T08:10:50","date_gmt":"2020-10-15T15:10:50","guid":{"rendered":"https:\/\/intuitblog.com\/?p=5002"},"modified":"2024-03-13T09:46:09","modified_gmt":"2024-03-13T16:46:09","slug":"intuit-prosperity-hub-program-generates-2200-jobs-and-123-million-annual-economic-activity-for-communities-in-need","status":"publish","type":"post","link":"https:\/\/www.intuit.com\/blog\/social-responsibility\/intuit-prosperity-hub-program-generates-2200-jobs-and-123-million-annual-economic-activity-for-communities-in-need\/","title":{"rendered":"Intuit Prosperity Hub Program Generates 2,200 Jobs and $123 Million Annual Economic Activity for Communities in Need"},"content":{"rendered":"

Economic inequality is on the rise across communities, driven by shifts in technology, the environment and socioeconomic factors. One in six individuals lives in a community in need (source: Economic Impact Group). Intuit is uniquely positioned to close this gap by bringing jobs and new opportunities that spark economic prosperity.<\/span><\/p>\n

Intuit, maker of TurboTax <\/a>and\u00a0QuickBooks<\/a>, launched our Prosperity Hubs program in 2016, with a mission to promote economic prosperity for people and communities in need by creating new jobs, as well as preparing people for jobs of the future and equipping entrepreneurs to start and build successful businesses. Intuit partners with each Prosperity Hub to deliver programs through its physical & virtual call centers, educational institutions, and small business success centers.<\/span><\/p>\n

We\u2019re thrilled to share an update on the economic and societal impact of our Prosperity Hub Program, including the generation of 2,<\/span>200 jobs and $123M annual economic contribution t<\/span>o communities in need.\u00a0<\/span><\/p>\n

Intuit Prosperity Hubs are located in seven communities across the U.S. and internationally, including Bluefield (WV), Hazard (KY), Johnstown (PA), Lawton (OK), Morristown (TN) and Wise (VA) and Corner Brook (Canada), with an additional location set to launch in the United Kingdom in late October 2020. Intuit selects communities that are considered to have low levels of economic well-being, according to the Economic Innovation Group\u2019s Distressed Community Index, and that would benefit disproportionately from stepped up investment and employment opportunities. For every $1.00 Intuit invested into the Prosperity Hub Program over the past year, recipient communities (U.S. only) have experienced as much as a $1.83 in positive economic impact.<\/span><\/p>\n

\"MorristownJobs through Intuit\u2019s Prosperity Hub Program are implemented by key employer-partners including Alorica, Concentrix, Sitel and Sykes. Approximately one-third of the jobs are permanently virtual, and designed for people in military communities, who must often relocate, and people with varying abilities. The program’s U.S. workforce and its $63M in annual employee compensation have contributed $123M in economic activity over the past year (Sage Policy Group).<\/span><\/p>\n

\u201cNot only is Intuit creating jobs in Bluefield, but they provide our local businesses and entrepreneurs with support and educational resources from their area of expertise,\u201d said Jim Spencer, Executive Director, Bluefield WV Economic Development Authority. \u201cWe\u2019ve seen the economic impact of Intuit\u2019s Prosperity Hub Program firsthand, as it changes lives throughout Bluefield. We\u2019re thrilled to see Intuit doubling down on growing the program and expanding support for communities in need.\u201d<\/span><\/p>\n

Intuit\u2019s Prosperity Hub Program is part of Intuit\u2019s ongoing corporate responsibility initiative to create jobs and support career readiness across underserved communities. In addition to creating new jobs, Intuit partners closely with each Prosperity Hub community to offer career readiness and financial empowerment programs, and equip entrepreneurs to start and build successful businesses. In the last year, Intuit has introduced and bolstered several key initiatives, such as:\u00a0<\/span><\/p>\n