Kelly Services® Makes Inaugural Investment Through Innovation Fund
23 Juillet 2018 - 1:30PM
Kelly Services® recently announced, through the Kelly Innovation
Fund, its participation in the seed fundraising round for Kenzie
Academy, a tech apprenticeship program that develops modern tech
workers.
The Kelly Innovation Fund – “KIF” or the “Fund” -- was launched
in early 2018 for Kelly to invest in the next generation of
workforce solutions companies. Terms of the Kenzie investment were
not disclosed.
“It’s no secret that skilled talent continues to be in high
demand in today’s employment market,” said Rick Wallace, vice
president of Strategic Initiatives for Kelly Services.
“That’s why Kelly is committed to investing in future talent
through dedicated programs such as Kenzie that support the
re-training and up-skilling of today’s workers as technology
continues to drive major changes in the way people work.”
Through the KIF, Kelly is investing in the next generation of
workforce solutions companies that have created:
- Innovations that help workers be more efficient using wearables
and novel learning, training and credentialing models;
- Innovations helping millennials (and future generations)
transition to the World of Work through new models of work, new
employee benefits and new engagement tools;
- Innovations facilitating new workstyles including independent
and gig workers;
- Innovations enabling the work to be more efficient by leaning
out and automating repetitive tasks using AI, robotics, data
analytics and other technologies.
The Fund’s strategy includes investing in companies where Kelly
can provide value beyond its financial investment. For instance,
Kelly offers its portfolio companies access to its global client
and talent base in addition to its team of experienced industry
executives who are passionate about helping start-ups build
credibility and accelerate growth.
“Through the Kelly Innovation Fund, Kelly Services is committed
to transforming the World of Work as we did when we founded the
staffing industry 72 years ago. And by blending integrating
immersive learning and paid apprenticeships, Kenzie is transforming
tech education,” said Wallace. “Together, we can identify and
curate a talent pipeline to help meet the tech talent demands of
businesses today.” Click To Tweet
Read the full Kenzie press release
here.
About Kelly Services As a global leader in
providing workforce solutions, Kelly Services, Inc. (Nasdaq:KELYA)
(Nasdaq:KELYB) and its subsidiaries, offer a comprehensive array of
outsourcing and consulting services as well as world-class staffing
on a temporary, temporary-to-hire, and direct-hire basis. Kelly®
directly employs nearly 500,000 people around the world in addition
to having a role in connecting thousands more with work through its
global network of talent suppliers and partners. Revenue in 2017
was $5.4 billion. Visit www.kellyservices.com and connect
with us on Facebook, LinkedIn, and Twitter.
Media Contact:
Jane StehneyKelly Services,
Inc.stehnja@kellyservices.com@JaneStehney
Kelly Services (NASDAQ:KELYA)
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