(OTTAWA) - October 16, 2008 - Export Development Canada (EDC) today launched its 11th annual national competition of the EDC International Business Scholarship Program.
EDC's International Business Scholarship Program is designed to help grow Canada's trade competencies and underlines the importance of international trade among Canada's future business leaders. By incorporating environmental studies with international business into the program, EDC is helping to build Canada's future capacity to engage in international trade in an environmentally responsible manner.
"Canada has an urgent need to improve our skills and education to produce a generation that has trade in its DNA. Our brightest business school graduates need to aspire to careers with Canadian companies on the streets of Mumbai and Shanghai, not only Bay Street," said EDC's President and CEO Eric Siegel to a senior business audience in Toronto in June.
EDC will offer as many as 30 scholarships, 25 of which will recognize exceptional students in the field of international business or economics. The remaining 5 scholarships will be awarded to outstanding business students who combine these fields with a focus on sustainable management or environment studies.
The scholarship winners will receive a $3,000 cash award and, if eligible, a possible four-month work term worth approximately $10,000. The work term includes mentoring from leading industry experts at EDC's head office in Ottawa. This year's application deadline is January 26, 2009. Scholarships will be awarded in the spring of 2009 and work terms will be available for the summer of 2009. Students interested in an EDC work term should indicate this at the time of applying for the scholarship.
EDC's scholarship program is a key component of its Education and Youth Employment (EYE) Strategy. For additional information about EDC's EYE Strategy and International Business Scholarships, please visit: www.edc.ca/cbie
The program is managed on behalf of EDC by the Canadian Bureau for International Education (CBIE). "We are proud to manage the EDC International Business Scholarships," said Jim Fox, CBIE President. "This Program recognizes excellence and provides added support to top students. Through cultivating the country's fresh talent, EDC is helping position Canada for cutting-edge achievement in both international and 'green' business."
CBIE is a national non-governmental organization with a membership comprising 200 universities, colleges, institutes, school boards, educational organizations, training agencies and provincial ministries of education. CBIE has extensive expertise in scholarship, fellowship and internship management. For information about CBIE, please visit: www.cbie.ca.
EDC is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by nearly 7,000 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining, is a recognized leader in financial reporting and economic analysis, and has been named one of Canada's Top 100 Employers for eight consecutive years.
Phil Taylor
Export Development Canada
Tel: (613) 598-2904
BlackBerry: ptaylor@edc.ca
Jennifer Humphries
Vice-President, Membership and Scholarships
CBIE
613 237 4820 ext 246
jhumphries@cbie.ca
Maurice Lelièvre
Program Manager
CBIE
613 237 4820 ext 239
mlelievre@cbie.ca
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