STOCK TITAN

TE Connectivity names first class of African Heritage Scholarship Program participants

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

TE Connectivity has launched the African Heritage Scholarship Program, a $3.5 million initiative aimed at diversifying its workforce. The program will support 14 students from various U.S. colleges with internships and scholarships up to $22,500 for their junior year based on financial need. Successful interns will have the opportunity to return for a second internship the following summer. The program, created by TE's African Heritage Employee Resource Group, aims to enhance STEM representation and foster diverse talent within the company.

Positive
  • Investment of $3.5 million in the African Heritage Scholarship Program to diversify workforce.
  • 14 students to receive scholarships up to $22,500 after internship completion, enhancing educational opportunities.
  • Creation of a structured internship program aimed at filling leadership development roles.
Negative
  • None.

SCHAFFHAUSEN, Switzerland, March 7, 2022 /PRNewswire/ -- TE Connectivity, a world leader in connectivity and sensors, will welcome 14 students into the first year of the African Heritage Scholarship Program, a $3.5 million investment in the company's efforts to further diversify its workforce and bring new opportunities in the technology industry to top-performing Black and African-American students in the United States.

The college students will join TE in May from 12 different colleges to complete 10- to 12-week internships at sites throughout the U.S. Upon successful completion of the internship, the students will receive a scholarship of up to $22,500 for their junior year, based on financial need, and will be invited back for a second internship at TE next summer. The scholarship would then be eligible for renewal for their senior year. TE expects a new cohort of students will join the African Heritage Scholarship Program each year for the next five years.

"We were impressed by the caliber of the applicants in the first year of the program and I know that our recipients will help make TE better with their talent and ideas," said CEO Terrence Curtin. "STEM-related companies will be served well by recruiting a diversity of voices and backgrounds and we are excited to expand our efforts through this new program, which was created by a diligent team from TE's African Heritage Employee Resource Group."

This year's cohort of scholars includes students from Alabama A&M University, College of the Canyons, Howard University, Kutztown University of Pennsylvania, North Carolina A&T, Rutgers University, University of Arizona, University of California, University of Georgia, University of Houston, University of Miami and University of Texas.

The students will be working in a wide variety of roles, including product R&D, manufacturing engineering, industrial engineering, product management and supply chain. TE's internship program is designed to fill the company's leadership development programs and early career roles. In addition to real world job experience with a global impact, TE's interns experience a wide range of professional development workshops covering financial literacy, corporate communications and personal branding. Other programming includes global networking events, community involvement opportunities and executive exposure.  

For more information, visit te.com/scholarships.

ABOUT TE CONNECTIVITY
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/te-connectivity-names-first-class-of-african-heritage-scholarship-program-participants-301496302.html

SOURCE TE Connectivity Ltd.

FAQ

What is the African Heritage Scholarship Program by TE?

It's a $3.5 million initiative supporting Black and African-American students with internships and scholarships.

How many students are participating in TE's African Heritage Scholarship Program?

14 students are part of the inaugural cohort.

What is the maximum scholarship amount available for students in the program?

Students can receive scholarships up to $22,500 based on financial need.

When will the scholarship recipients start their internships?

The internships are set to begin in May.

What companies are represented by the students in the scholarship program?

The students come from institutions like Howard University and North Carolina A&T.

TE Connectivity plc

NYSE:TEL

TEL Rankings

TEL Latest News

TEL Stock Data

44.84B
299.16M
0.12%
94.52%
1.01%
Electronic Components
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
GALWAY