Intuit Prosperity Hub Program Generates 2,200 Jobs and $123 Million Annual Economic Activity for Communities in Need
Intuit, maker of TurboTax, QuickBooks, and Mint, unveiled an update on the economic and societal impact of its Prosperity Hub Program, including the generation of 2,200 jobs and $123M annual economic contribution to communities in need. Since the program launched in 2016, Intuit has worked with select partners in each Prosperity Hub to create new jobs and deliver programs that benefit the community through customer success centers, educational institutions, financial empowerment initiatives and small business success centers.
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Through its Prosperity Hub Program, @Intuit created 2200 jobs and $123M economic activity for communities in need across the U.S. To learn more about the program, visit https://www.intuit.com/company/corporate-responsibility/
Intuit Prosperity Hubs are located in seven communities across the U.S. and internationally, including Bluefield (WV), Hazard (KY), Johnstown (PA), Lawton (OK), Morristown (TN) and Wise (VA) and Corner Brook (Canada), with an additional location set to launch in the United Kingdom in late October 2020. Intuit selects communities that are considered to have low levels of economic well-being, according to the Economic Innovation Group’s Distressed Community Index, and that would benefit disproportionately from stepped up investment and employment opportunities. For every $1.00 Intuit invested into the Prosperity Hub Program over the past year, recipient communities (U.S. only) have experienced as much as a $1.83 in positive economic impact.
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Jobs through Intuit’s Prosperity Hub Program are implemented by key employer-partners including Alorica, Concentrix, Sitel and Sykes. Approximately one-third of the jobs are permanently virtual, and designed for people in military communities, who must often relocate, and people with varying abilities. The program’s U.S. workforce and its $63M in annual employee compensation have contributed $123M in economic activity over the past year (Sage Policy Group).
“Not only is Intuit creating jobs in Bluefield, but they provide our local businesses and entrepreneurs with support and educational resources from their area of expertise,” said Jim Spencer, Executive Director, Bluefield WV Economic Development Authority. “We’ve seen the economic impact of Intuit’s Prosperity Hub Program firsthand, as it changes lives throughout Bluefield. We’re thrilled to see Intuit doubling down on growing the program and expanding support for communities in need.”
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