In a significant boost for local education, twenty deserving students from Barangays Bato and Cabitoonan in Toledo City have been awarded college scholarships by Therma Visayas Inc. (TVI), a key subsidiary of AboitizPower. This initiative, formally launched on March 3 at the Cebu Technological University (CTU) main campus, aims to foster higher education access and long-term community growth in the region.
Scholarship Program Details and Implementation
The scholarship program is funded by Aboitiz Foundation Inc. and implemented in close partnership with Cebu Technological University. It provides comprehensive financial assistance to cover various education-related expenses, ensuring that students from communities near the TVI facility can pursue their academic goals without undue financial burden. The selection of scholars was carefully coordinated with barangay officials, reflecting TVI's commitment to targeted community development efforts.
Ceremony Highlights and Strategic Partnerships
During the awarding ceremony on March 3, company and university officials emphasized the critical role of industry-academe partnerships in expanding educational opportunities. AboitizPower highlighted that this initiative is designed to help cultivate a local talent pool while supporting sustainable community growth in Toledo City. TVI operates a substantial 300-megawatt coal-fired power plant in the area, making this scholarship program a cornerstone of its corporate social responsibility strategy.
The collaboration between TVI, Aboitiz Foundation, and CTU underscores a shared vision for empowering youth through education. By investing in these twenty students, the program not only addresses immediate financial needs but also contributes to building a skilled workforce that can drive future economic and social development in Toledo City and beyond.
