STOCK TITAN

Cadence India’s Flagship CSR Initiative, the Cadence Scholarship Program, Recognized

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Cadence Design Systems has announced that its flagship Corporate Social Responsibility initiative, the Cadence Scholarship Program, received the CSR Times Awards 2022 in the Education category. This program aims to support underprivileged students through funding and mentorship, improving their access to professional and vocational courses. Since its inception in 2016, the program has successfully guided high school graduates toward enhanced employability, thanks to active employee participation and partnerships with NGOs such as Concern India Foundation and Joining Hands. This recognition highlights the program's impact on the education sector.

Positive
  • Cadence Scholarship Program won the CSR Times Awards 2022 in Education.
  • Program supports underprivileged students to pursue vocational courses.
  • Active employee mentorship enhances program effectiveness.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / January 23, 2023 / Cadence Design Systems (NASDAQ:CDNS)

Cadence Design Systems, Monday, January 23, 2023, Press release picture

Best Higher Education Scholarship Program Initiative of the Year 2022

Cadence India's flagship Corporate Social Responsibility (CSR) initiative, the Cadence Scholarship Program, has won the "CSR Times Awards 2022" in the "Education" category. The CSR Times Awards is a prominent CSR award in India.

Thank you, and congratulations to all the students, mentors, employees, and NGO partners, Joining Hands and Concern India Foundation, who have supported the program's growth to what it is today.

About the Program:

The Cadence Scholarship Program is the flagship program of Cadence India's CSR efforts to educate underprivileged students, holistically. With the vision to ensure that these students get a chance to pursue their dreams and utilize their full potential through funding and support, Cadence started the Cadence Scholarship Program in association with Concern India Foundation and Joining Hands in 2016. It focuses on introducing professional/vocational courses to high school graduates, leading to employability.

Mentorship by employees has been critical to the program's success. Strong employee participation has been the differentiator that makes the program unique.

View additional multimedia and more ESG storytelling from Cadence Design Systems on 3blmedia.com.

Contact Info:
Spokesperson: Cadence Design Systems
Website: https://www.3blmedia.com/profiles/cadence-design-systems
Email: info@3blmedia.com

SOURCE: Cadence Design Systems



View source version on accesswire.com:
https://www.accesswire.com/736264/Cadence-Indias-Flagship-CSR-Initiative-the-Cadence-Scholarship-Program-Recognized

FAQ

What award did Cadence Design Systems' scholarship program win?

The Cadence Scholarship Program won the CSR Times Awards 2022 in the Education category.

When was the Cadence Scholarship Program established?

The Cadence Scholarship Program was established in 2016.

What is the purpose of the Cadence Scholarship Program?

The program aims to educate underprivileged students and improve their employability through funding and mentorship.

Who are the partners involved in the Cadence Scholarship Program?

The program partners with NGOs such as Concern India Foundation and Joining Hands.

Cadence Design Systems

NASDAQ:CDNS

CDNS Rankings

CDNS Latest News

CDNS Stock Data

85.21B
272.01M
0.81%
91.14%
1.43%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN JOSE