Best Buy Funds $2.5 Million Scholarship for University of Minnesota’s Carlson School of Management Students
October 29 2019 - 9:00AM
Business Wire
The new Best Buy Scholarship fund supports the
pipeline of talent from Minnesota schools to areas of growth in
tech-reliant careers
Best Buy is teaming up with the University of Minnesota’s
Carlson School of Management to help create brighter futures and
make earning a degree more accessible for students. The new Best
Buy Scholarship includes $2.5 million in funding – one of Best
Buy’s largest education endowment gifts ever – for students
pursuing tech-reliant careers in business. This important and
unique corporate gift is part of the University's $4 billion Driven
campaign.
The Best Buy Scholarship will provide financial support for up
to 10 students per year beginning in the fall of 2020. Potential
recipients of the fund include first-generation students and youth
from Best Buy Teen Tech Centers, a place where teens can develop
critical skills through hands-on activities that explore
programming, film-making, music production and design.
Outside of financial support, Best Buy will also give each
scholarship recipient opportunities within the company, including a
mentor with experience in their field of interest, a summer
internship and opportunities to participate in job shadows, career
panels, career fairs and campus tours.
“We are thrilled to team up with the Carlson School of
Management for this scholarship that supports teens who want to
pursue a post-secondary education,” said Andrea Wood, head of
Social Impact at Best Buy. “We know that jobs in management within
the tech industry are increasing, so the need to diversify and
expand talent is extremely important. This scholarship is just one
more way Best Buy is preparing teens for these jobs of the
future.”
"This endowed gift in support of students is a powerful
commitment to the Carlson School and the state of Minnesota," said
Sri Zaheer, Dean of the Carlson School of Management. "We look
forward to realizing the connections Best Buy is committed to
making, supporting teens as they pursue higher education
opportunities in business and build their careers in this
community."
The Best Buy Scholarship at the University of Minnesota, Carlson
School is just one of many ways Best Buy is continuing its mission
to enrich lives through technology by providing teens with the
tools they need to prepare for the tech-reliant jobs of the future.
There are 31 Best Buy Teen Tech Centers around the country,
including five in the Twin Cities, with a goal of 60 by 2020
through a collaboration between the Best Buy Foundation, Best Buy
and the Clubhouse Network.
Other programs funded by the Best Buy Foundation include grants
for nonprofits that provide tech education opportunities for youth
from underserved communities in the Twin Cities and across the
country.
About University of Minnesota, Carlson School of
Management
The Curtis L. Carlson School of Management at the University of
Minnesota is a recognized leader in business education and
research. Established in 1919 and located in Minneapolis, the
Carlson School is committed to developing leaders who believe
business is a force for good through experiential learning,
international education, and the school’s strong ties to the Twin
Cities business community.
With 10 degree programs that are ranked consistently among the
world’s best, the school offers bachelor’s, master’s, MBA, and
doctoral degrees, as well as executive education programs hosted
both domestically and abroad. Today, the Carlson School has 55,000+
alumni in more than 100 countries and over 150 tenure-track and
full-time instructional faculty members.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191029005370/en/
Bianca Jones Press@BestBuy.com
Best Buy (NYSE:BBY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Best Buy (NYSE:BBY)
Historical Stock Chart
From Apr 2023 to Apr 2024