THE PRESS AREA

PAVE 25th Annual Student Design Competition

Sponsored by Bank of America

 
Hollywood, Fla. (May 17, 2019) – The Planning and Visual Education Partnership (PAVE) is pleased to announce a collaboration with Bank of America for the 25th Annual Student Design Competition. The 2019 design competition is open to undergraduate college students in retail planning, design, interior design, visual merchandising, store design, and branding programs.
 
This year’s PAVE Student Design Competition, which combines financial center design and visual merchandising into a single challenge, is sponsored by Bank of America. In April 2019, the Charlotte-based consumer bank announced a plan to modernize more than half of its branch network over the next three years in response to changing client needs.
 
“Banking is undergoing a transition from transactions to relationships.  Digital advancements have removed what were previously pain points and created an opportunity to rethink the banking experience in the physical space.  We are focused on creating an inviting and client-centric experience,” said Rebekah Sigfrids, Bank of America’s senior vice president of financial center design and innovation. “We look forward to fresh new ideas from PAVE student submissions.”
 
Information on the PAVE 2019 Student Design Competition, including entry forms, disclaimer, and frequently asked questions will soon be available at paveglobal.org.
 
Winners and their schools will receive cash grants and be recognized at the 2019 PAVE Gala this December in New York City.

 
About PAVE, www.paveglobal.org
Founded in 1992, the Planning and Visual Education Partnership’s (PAVE) objective is to encourage students to study in the field of retail design and planning and visual merchandising. Additionally, PAVE seeks to encourage retail management, store planners, visual merchandisers, architects, and manufacturers to interact with and support design students. These objectives are accomplished through competitions, projects, seminars, workshops, and grants and scholarships funded by the annual Gala and other fundraising activities. PAVE is a 501(c)(3) educational foundation.
 
About Bank of America, www.bankofamerica.com
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,400 retail financial centers, including approximately 1,800 lending centers, 2,200 financial centers with a Consumer Investment Financial Solutions Advisor, and 1,500 business centers; approximately 16,400 ATMs; and award-winning digital banking with more than 37 million active users, including over 27 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.