STOCK TITAN

OpenText and Lakehead University partner to create internships for Indigenous students

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

OpenText (NASDAQ: OTEX, TSX: OTEX) has partnered with Lakehead University to create up to 25 full-time summer internships for Indigenous students. The internships will be remote and span four months, focusing on areas such as software engineering, marketing, and finance. This initiative aims to provide students with valuable skills and experiences, fostering their career readiness. The recruitment for the program starts this fall, with placements expected in summer 2022. The partnership emphasizes the importance of removing barriers faced by Indigenous students in the job market.

Positive
  • Creation of 25 full-time summer internships for Indigenous students.
  • Internships provide valuable soft and technical skills, enhancing employability.
  • Partnership supports Indigenous students in overcoming employment barriers.
Negative
  • None.

WATERLOO, ON and THUNDER BAY, ON and ORILLIA, ON, Sept. 24, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) and Lakehead University announced a new program today that will create internship opportunities for Indigenous students enrolled at the University.

As part of the new partnership between OpenText and Lakehead University, up to 25 full-time summer internships will be created for Indigenous students studying at Lakehead's Thunder Bay and Orillia campuses through the OpenText Indigenous Internship Program.

The four-month internships will allow students to intern remotely at OpenText in the software engineering, marketing, finance, information technology, and human resources departments, where they will gain valuable soft and technical skills, confidence and knowledge that will better prepare them to enter the workforce.

These internships will include in-depth onboarding activities, engagement with OpenText leadership, mentorships with established OpenText affinity groups, and career planning and financial planning training sessions.

"OpenText believes a critical action Corporate Canada must take in removing barriers for Indigenous students, is to create jobs," said Mark J. Barrenechea, CEO & CTO, OpenText.  "Through this exciting partnership with Lakehead University, OpenText will create a next-generation internship program for Indigenous students that offers a compelling pathway to digital jobs. I look forward to welcoming these students, creating digital skills, and learning from them."

Lakehead has over a thousand self-identified Indigenous students enrolled in 2020, which represents 12 per cent of the University's domestic student population – one of the highest enrolments of self-identified Indigenous students among Ontario universities.

Lakehead President and Vice-Chancellor Dr. Moira McPherson is excited about the significance of this partnership.

"We understand the barriers that Indigenous students face when looking for ways to start and nurture careers," she stated. "Partnerships like this one with OpenText will contribute greatly to our students' futures by providing experiences to work hand-in-hand with professionals in their field, apply skills and knowledge they gained at Lakehead University, and share their culture and history with others."

The addition of the OpenText Indigenous Internship Program will expand the innovative experiential learning opportunities offered to students on Lakehead's campuses and demonstrates the University's commitment to helping Indigenous students further their educational aspirations.

Both OpenText and Lakehead University acknowledge the findings of the Truth and Reconciliation Commission of Canada, including the call for businesses to build respectful relationships with Indigenous peoples, ensure equitable access to jobs, training, and education opportunities in the corporate sector.

The first recruitment for the OpenText Indigenous Internship Program will take place this fall, with the placements occurring during the summer of 2022.

Watch the full announcement on YouTube on September 24, 2021 at 11 am EST here.  

About Lakehead University
Lakehead University is a fully comprehensive university with approximately 9,700 full-time equivalent students and over 2,000 faculty and staff at two campuses in Orillia and Thunder Bay, Ontario. Lakehead has 10 faculties, including Business Administration, Education, Engineering, Graduate Studies, Health & Behavioural Sciences, Law, Natural Resources Management, the Northern Ontario School of Medicine, Science & Environmental Studies, and Social Sciences & Humanities. Lakehead University's achievements have been recognized nationally and internationally, including being ranked, once again, among Canada's Top 10 primarily undergraduate universities in Maclean's 2021 University Rankings; as well as included in the top half of Times Higher Education's 2020 World Universities Rankings for the second consecutive year, and 99th among 1,115 universities from around the world in THE's 2021 Impact Rankings (which assesses institutions against the United Nations' 17 Sustainable Development Goals). Visit www.lakeheadu.ca.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

Connect with us: 
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2021 Open Text. All rights reserved. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text or other respective owners.

OTEX-G

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/opentext-and-lakehead-university-partner-to-create-internships-for-indigenous-students-301384439.html

SOURCE Open Text Corporation; Lakehead University

FAQ

What is the OpenText Indigenous Internship Program?

The OpenText Indigenous Internship Program is a partnership with Lakehead University to create internship opportunities for Indigenous students, offering experience in various fields.

How many internships will OpenText create for Indigenous students in 2022?

OpenText will create up to 25 full-time summer internships for Indigenous students in 2022.

When will recruitment for the OpenText Indigenous Internship Program take place?

Recruitment for the OpenText Indigenous Internship Program will take place this fall.

What departments will the internships cover?

The internships will cover software engineering, marketing, finance, information technology, and human resources.

When will the internships start?

The internships are expected to take place during the summer of 2022.

Open Text Corp

NASDAQ:OTEX

OTEX Rankings

OTEX Latest News

OTEX Stock Data

7.38B
260.08M
2.1%
77.98%
1.87%
Software - Application
Services-computer Integrated Systems Design
Link
United States of America
ONTARIO CANADA