Banking On Apprenticeship to Achieve CRA Compliance
Apprentice Power is a nonprofit social enterprise formed to help increase and diversify the human capital endowment of the United States. We collaborate with banks through their CRA compliance plans to serve low-and-moderate-income individuals and communities. We provide 3D printing and robotics apprenticeship opportunities to individuals and related training subsidies to employers, industry associations and municipalities through their respective banking relationships. Our program supports community and economic development through innovative loans, investments and services related to additive manufacturing and including 3D printed affordable homes.
We execute a strategic plan designed to align and broaden the socioeconomic scope and impact of CRA compliance, human capital development and the global apprenticeship enterprise. We work to create a continuum of early college high schools, apprenticeships, entrepreneurship, sector strategies, the new collar jobs initiative and lifelong learning programs. The CRA compliance process also advances financial and entrepreneurship education and character development. We focus initially on 3D printing and will expand across all advanced and emerging industries.
"A nation’s human capital endowment embodies the knowledge and skills residing in individuals, which empowers them to create economic value. Human capital must be invested in and leveraged efficiently in order for it to generate returns for the individuals involved and for the economy as a whole." (World Economic Forum)