Marina Bay Sands has donated S$1 million to the ITE (Institute of Technical Education) Endowment Fund, as part of its Sands for Singapore corporate social responsibility (CSR) programme. Spread over four years at S$250,000 per year, the integrated resort’s donation is accompanied by a matching grant of S$1.5 million from the government.
The ITE Endowment Fund, established in 2010 to provide a sustainable disbursement of funds to students from financially-disadvantaged families, is expected to benefit some 400 ITE students this year through financial assistance and support programmes.
One such programme is the Overseas Industrial Attachment Programme, which creates opportunities for ITE students to gain global exposure before graduation. Students will undertake a period of work and training related to their courses of study in a foreign country, enabling them to develop resilience, independence and an appreciation of cross-cultural differences in a dynamic global environment.
“Investing in Singapore’s next generation of talents has always been a key goal for us, and we’re very pleased to be able to contribute to this sustainable effort to assist students from low-income families through ITE Endowment Fund,” Marina Bay Sands president and CEO, George Tanasijevich.