Automotive Youth Educational System, Inc. Announces Startup Funding
8 October 1997
Automotive Youth Educational System, Inc. Announces Startup FundingDETROIT, Oct. 8 -- The Automotive Youth Educational System, Inc. (AYES) announced three major funding sources at the AYES National Advisory Board Meeting held October 7 and 8, at Meadowbrook Hall in Rochester Hills, Michigan. The newly formed non-profit organization has received funding from the United States Department of Labor and Education, the Pew Trust of Philadelphia and the National Automotive Dealers Association (NADA). "We are delighted to be the recipient of several sizable contributions," stated Stan Moore, president of AYES, Inc. "These donations and grants are a positive sign that our efforts are valued and seen as a viable resource to move the needle in the service repair industry. Perhaps even more significant, the funding gives us an opportunity to do something positive for young people aspiring to gain a skill that will provide a lifetime of employment." The non-profit organization has received over one million dollars in a six month period. One of the more noteworthy contributions is from the U.S. Department of Labor and Education for $535,000. These funds will be used to accelerate the rollout to schools and for research and evaluation. The Pew Foundation has awarded AYES $300,000 which is ear marked for curriculum development. Also, the NADA has provided a grant for $100,000 for human resource staffing. AYES, Inc. was created to address an Industry-wide concern with the increasing shortage of adequately trained automotive service technicians for the more than 20,000 automotive dealers throughout the United States. The program features a unique partnership between business, education, dealers and students with strong parental support. Currently running in 11 states involving 31 high schools and over 300 dealers, AYES seeks to have over 1,000 participating high schools by the year 2001. SOURCE Automotive Youth Educational System, Inc.