Cadence Partners with Vidya & Child to Build a School for Underprivileged Children in Noida

Rhea-AI Summary

Cadence Design Systems (CDNS) has partnered with Vidya & Child to establish a school in Noida, India, aimed at supporting over 300 underprivileged children. The school, operational since February 2023, offers education from nursery to eighth grade, accompanied by after-school support. Cadence financed the construction and provided technological resources, including laptops for the STEM lab. This initiative aligns with Cadence's corporate social responsibility goals to empower children and enhance educational opportunities, particularly for girls in STEM fields. Over 2,000 children have benefited from Cadence's ongoing collaboration with Vidya & Child over the past 23 years.

Positive

• Partnership with Vidya & Child to support education for over 300 underprivileged children.
• School constructed with modern amenities, promoting STEM education.
• Cadence's long-term commitment includes 23 years of support for Vidya & Child initiatives.

Negative

• None.

School set to provide teaching and after-school educational support for more than 300 children

NEW DELHI--(BUSINESS WIRE)-- Cadence Design Systems (India) Pvt. Ltd., a fully owned subsidiary of Cadence Design Systems, Inc., today announced that it has partnered with Vidya & Child and completed the construction of a school for underprivileged children in Noida. The school construction was funded by Cadence, which worked closely with Vidya & Child, a non-government organization (NGO), to ensure the building was architected to the highest standards.

The school has been fully operational since February 2023 and provides an encouraging learning environment for more than 300 students from the surrounding area of Khoda Village (Noida, Uttar Pradesh). Most of the students are first-generation learners whose parents are daily wage earners from underserved areas of the local community. The school caters to students from nursery to eighth standard, after which students are enrolled in mainstream schools in the locality. After the students join mainstream schools, they continue to attend Vidya & Child School for additional educational support and extra-curricular activities.

The new school features modern and environmentally friendly amenities, including electricity backup through solar energy, rainwater harvesting, a dedicated computer lab, and a STEM lab. In addition to monetary and advisory support for the construction, Cadence also provided laptops to the school’s STEM lab in order to encourage students to pursue careers in technology.

Cadence has been a long-standing Vidya & Child partner for the past 23 years, supporting several of its after-school centers. A notable highlight of this collaboration is the Vidya & Child center in Barola, Noida, which has benefitted 400 students. Additionally, 25 students from the Barola center have joined the Cadence^® Scholarship Program, which has provided higher education scholarship funding and mentorship support.

“Empowering underprivileged children with the knowledge and skills needed to achieve their full potential is a major focus area for Cadence’s CSR activities. We are proud to have helped build this school for the betterment of these children, and in particular, providing a conducive environment for girls to study STEM. The school paves the way for educational opportunities that may not have otherwise existed,” said Jaswinder Ahuja, corporate VP and India managing director, Cadence. “This latest collaboration with Vidya & Child furthers our commitment to cultivating local talent, encouraging girls to study and making an impact in our local communities.”

Supriya Akhaury, founder trustee and director of Vidya & Child said, “Vidya & Child was started with the belief that every child needs access to good-quality, holistic education that allows them to strive for opportunities equally in today’s world. Over the years, Cadence has provided Vidya & Child with both financial and advisory support, which has helped educate more than 2,000 children, 400 of whom have completed schooling with Vidya & Child and are now either in college or have joined the workforce. By establishing this new school with Cadence, we’re jointly creating a way for local children to obtain a competitive skill set that can prepare them for more advanced schooling later in life and fuel inspiration for future career paths.”

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design^™ strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For nine years in a row, the Great Place to Work Institute in India has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2023 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

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Cadence Media Relations Contact:

Madhavi Rao

Phone: 080-41841111

Email: rmadhavi@cadence.com

Source: Cadence Design Systems

FAQ

What is Cadence Design Systems' partnership with Vidya & Child?

Cadence Design Systems has partnered with Vidya & Child to construct a school for underprivileged children in Noida, providing educational support.

When did the new school constructed by Cadence become operational?

The school became operational in February 2023.

How many children will benefit from the school established by Cadence?

The school is set to provide education for over 300 children from the local community.

What educational support does the Cadence-funded school provide?

The school provides education from nursery to eighth standard and additional after-school educational support.

What technological resources has Cadence provided for the new school?

Cadence provided laptops for the school's STEM lab to encourage children to pursue careers in technology.