NEWARK, N.J.--(BUSINESS WIRE)--After-School All-Stars today announced that Teza is sponsoring its STEM CampUs program on August 1 – August 5 at the New Jersey Institute of Technology, where 30 students will experience and explore careers in STEM (science, technology, engineering and math). Additionally, the program prepares the low-income, urban students for their transition into, and graduation from, high school through academic workshops, mentoring, leadership training and group activities.
“Education helped propel me from a disadvantaged background to founding and leading a global firm,” said Misha Malyshev, CEO of Teza. “Teza and I commend ASAS and its efforts to prepare at-risk students for future success through after-school programs and by helping communities across the country.”
More than 1 million students – mostly in ninth grade – drop out each year. In response, ASAS launched We Are Ready: a middle- to high-school transition program during the school year for eighth graders that are poised to enter high schools with low graduation rates.
As part of the We Are Ready initiative, ASAS developed the CampUs program in 2012 to intervene and provide support for its students that have exhibited early warning signs for dropping out of high school. Similar to past CampUs programs in Chicago, the focus this year in Newark will be on career exploration as well as the world of STEM.
During the five-day STEM CampUs, participants from New York City; Newark, N.J.; Philadelphia; and Washington, D.C. will learn how to navigate the high school application and selection process; gain exposure to STEM careers through field trips and interviews with professionals; design technology-based applications; and build relationships with role model-mentors, including Teza employee volunteers.
"Teza's generous support allows After-School All-Stars to offer one of the most innovative STEM and career readiness programs in America," said Ben Paul, President & CEO of After-School All-Stars. "In addition to backing the program financially Misha and his team at Teza are volunteering their time to mentor our students and inspire them to pursue science and technology related careers.”
Malyshev is a member of ASAS’ national board of directors. He and Teza have sponsored the CampUs program in Chicago for three years, as well as the After-School All-Stars Program Directors' Retreat in Washington, D.C.
Teza is a science and technology-driven global quantitative trading business. It is headquartered in Chicago with offices in New York; London; Austin, Texas; and Berkeley, Calif. Misha Malyshev has led Teza as its CEO since he founded the company in 2009. Malyshev earned his Ph.D. in astrophysics from Princeton University, as well as an M.S. in theoretical physics and a B.S. in physics and mathematics from the Moscow Institute of Physics and Technology. For more information, visit www.teza.com.
About After-School All-Stars
Founded in 1992, After-School All-Stars (ASAS) is a leading national provider of year-round, school-based, comprehensive afterschool programs. The organization’s mission is to keep children safe and help them succeed in school and in life. Every school day, students in low-income communities have access to free programs that offer academic support, enrichment opportunities, and health and fitness activities. Nearly 90,000 children from 13 U.S. regions benefit: ASAS serves Atlanta, Chicago, Hawaii, Las Vegas, Los Angeles, New York, North Texas, Ohio, Orlando, San Antonio, San Diego, South Florida and Washington, D.C., and, beginning in Fall 2014, Newark and Philadelphia. For more information, visit www.as-as.org.