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Biz-Ed Summit explores economic impact of investment in early childhood

Jun 5, 2015

Local and national business leaders will draw connections between early childhood education and long-term business and economic indicators at the upcoming Biz-Ed Summit, part of Pacific's Beyond Our Gates initiative.

The event is scheduled from 8:30 a.m. to 1 p.m. on Monday, June 15, at the DeRosa University Center.

Hosted by Pacific, in collaboration with First 5 San Joaquin and San Joaquin A+, the aim of the summit is to identify concrete strategies for meaningful collaboration between business and early childhood education professionals.

"Studies show that high-quality early care and education helps put children on a path to success in school and in life. It is estimated that investing in these programs can yield up to $26,000 in net long-term economic benefits for every child served," said Lenny Mendonca, director emeritus from the Washington, D.C. and San Francisco offices of McKinsey & Co., a global management consulting firm, who will be one of the speakers.

Investing in literacy and learning benefits not just young children, but the local economy as well. To help ensure more San Joaquin County students graduate from high school, earn degrees and go on to become successful taxpayers and citizens, we must first ensure all young children, beginning at birth, have access to resources and experiences that prepare them to start school ready to learn.

"In the long run, the state of California could save $820 million by adequately investing in high quality early education programs," Mendonca said. "To me, that's a win-win investment strategy. I hope that the Governor and Legislature make good on the promise made last year to ensure access to preschool for all low-income four-year-olds, as well as providing increased access to quality child care." 

Summit speakers and panelists include Dowell Myers, a professor and demographer with the Sol Price School of Public Policy at University of Southern California, Fritz Grupe, CEO and founder of The Grupe Company,  Alice Juarez, district manager of Wells Fargo, Roger Coover, president and publisher of The Record, Carol Ornelas, CEO, Visionary Home Builders of California, and attorney Jim Dyer, a partner with Downey Brand.

The event is open to the public, but registration is required. For information, please contact Jennifer Torres Siders at jtorressiders@pacific.edu.

About Beyond Our Gates:
This initiative represents University of the Pacific's commitment to work with community partners to improve the social and economic health of Stockton and San Joaquin County. Beyond Our Gates strives to do this through such projects as Reading By Third, Tomorrow Project academies for elementary and high school students, and ongoing community engagement via the Beyond Our Gates Community Council. For more information, visit BeyondOurGates.org.