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Santander UK Announces 500 SME Internships For University Students
Santander News Universities Santander UK Announces 500 SME Internships For University Students Santander UK announces an increase of £1.5m in its funding to universities The bank commits £7m to support higher education in the UK in 2012 Launch of 500 new internships for British SMEs 100 new international mobility grants for £2,500 each Six Santander Universities Entrepreneurship Award winners unveiledLondon, 4th July 2012.- Over 50 Vice-chancellors of UK universities attended the Santander UniversitiesEntrepreneurship Awards ceremony held at London’s Royal Opera House today (4 July 2012) andorganized by Santander’s Universities Global Division. Ana Botín, CEO, Santander UK and Lord Burns,Chairman, Santander UK welcomed prominent figures from the financial, academic and political spheresincluding David Willetts, Minister for Universities and Science and Prof. Eric Thomas, President ofUniversities UK and Vice-Chancellor of the University of Bristol.To mark the 5th anniversary of Santander Universities in the UK, Ana Botín announced that the bank willcommit £7 million to support UK universities during 2012.500 internships for university students and SMEsMs Botín also announced an internship scheme which will help 500 university students work in an SME(Small and Medium Enterprise) for a period of three months. Santander and several SMEs have joinedefforts to fund this initiative.During her speech, Ms Botin praised the work of UK Vice-Chancellors saying: “19 of the top 100universities in the world are British. There is no doubt that the UK is home to the finest higher educationsystem in the world.”At a time when budget cuts are affecting the Higher Education sector, the CEO of Santander UKhighlighted the role universities play in economic recovery: “Your ideas, your innovations, your students willdrive economic growth. We need you to be the world’s engines of progress and invention. We need you toincubate the enterprises of tomorrow.”Ms Botín then went on to describe SMEs as “the backbone of the UK economy,” as they generate three-quarters of all new jobs. The bank is committed to supporting SMEs through its Santander Breakthroughprogramme, which was launched earlier this year to provide funding for SMEs at a time when thesecompanies are struggling to receive bank loans.Santander Mobility AwardsMs Botín also announced 100 new mobility grants of £2,500 each for UK students to study abroad. Thesescholarships are in addition to the 571 mobility awards Santander gave in the UK last year.As part of Santander’s funding to universities, Emilio Botín, Chairman of the Santander Group, togetherwith Formula 1 drivers Lewis Hamilton and Jenson Button, handed out 100 Formula SantanderPress contactCarlos LeiraMarketing and Communications, Santander Universities UKE-mail: firstname.lastname@example.orgCorporate website: www.santander.com/universitiesFollow us on twitter: http://twitter.com/#!/bancosantander
scholarships to UK university students. The scholarships, of €5,000 each will allow students to continuetheir studies abroad.Santander Universities Entrepreneurship AwardsThe event came to a close with the announcement of the winners of the second Santander UniversitiesEntrepreneurship Awards. Three undergraduate and three postgraduate business plans received cashprizes of up to £20,000 after being selected from projects submitted by universities across the country.The undergraduate winners were:First prize: Laurence Kemball-Cook from Loughborough University for Pavegen Systems – a cleantechcompany manufacturing paving slabs which convert the kinetic energy from footsteps into electricity forstorage or use in low-power applications like lighting, signage or sound applications.Second prize: Will Clowes and Charlie Warburg from Newcastle University for Uni Car Ads – a companywhich supplies large advertisements on the doors and bonnets of private cars in densely populated studentareas.Third prize: Jodie Hughes from the University of Stirling for Adspad – an advertising and marketingcompany targeting students between 16 - 25 years old.The postgraduate winners were:First prize: Roland Partridge and Paul Brennan from the University of Edinburgh for EoSurgical Ltd – acompany which designs and produces innovative, practical and affordable simulators for use in education,training and surgery preparation.Second prize: Nick Troen from London School of Economics for Poncho no.8 – a high-end Mexicanfastfood chain.Third prize: James Jardine from University of Cambridge for Qiqqa.com – a company that provides freesoftware which helps students and researchers manage information.Santander promotes these initiatives through its Santander Universities Global Division, whose activitiesform the backbone of the bank’s corporate social responsibility programme. The bank maintains astable alliance with nearly 1,000 academic institutions in America, Asia and Europe. In the UK,Santander collaborates with 61 British universities and Higher Education institutions, with agreementsfocused in promoting international exchange, entrepreneurial activities and the mobility of studentsand researchers.The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions.Notes to Editors1) A list of all the universities in the Santander UK Universities programme can be found at: www.santander.com/universitiesAbout UsThe Breakthrough programme is aimed at businesses with a turnover of between £500,000 and £10million per annum with demonstrated growth of 20% or more in turnover, profit or employment.Breakthrough aims to help these businesses fulfil their growth potential to create jobs and stimulate supply-Press contactCarlos LeiraMarketing and Communications, Santander Universities UKE-mail: email@example.comCorporate website: www.santander.com/universitiesFollow us on twitter: http://twitter.com/#!/bancosantander
chain demand and a private sector led recovery via a programme of both capital and support. Breakthroughis part of Santander’s Corporate, Commercial and Business Banking division.About Santander UniversitiesThrough its Santander Universities Global Division, Santander has collaborated with universities for morethan 15 years on a unique global initiative which distinguishes it from other national and international banksand financial institutions. The bank supports the Higher Education sector in such areas as teaching andresearch, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, studentmobility and innovation. Santander Universities Global Division maintains a stable alliance with nearly1,000 academic institutions from America, Asia and Europe. This is a network where universities from allover the world can meet and engage in dialogue. ‘Santander Universities’ was introduced in the UK in 2007and the bank is already collaborating with sixty British Universities and Higher Education Institutions, withagreements focused in promoting international exchange, entrepreneurial activities and the mobility ofstudents and researchers within the networkMedia EnquiriesCarlos Leira - Santander - 0207 756 4575Press contactCarlos LeiraMarketing and Communications, Santander Universities UKE-mail: firstname.lastname@example.orgCorporate website: www.santander.com/universitiesFollow us on twitter: http://twitter.com/#!/bancosantander