(OTTAWA) – November 8, 2011
Export Development Canada (EDC) today launched its 14th annual International Business Scholarship competition, created and designed to develop the next generation of globally-minded business leaders.
Beginning in 2011-2012, the competition will now be opened up to college students in accredited bachelor programs and, in addition, the selection process will now also consider and reward students who have undertaken professional work abroad.
“EDC’s International Business Scholarships support young Canadians at the early stages of their involvement in the dynamic field of international trade, with an eye towards strengthening Canada’s future trade performance,” said Stephen Poloz, President and CEO, EDC.
“With the competition now open to accredited colleges, EDC is excited at the prospect of broadening the program’s reach and enriching the potential talent pool.”
EDC’s scholarship program offers up to 30 scholarships annually, 25 of these for outstanding undergraduate students in international business and five for those in programs that combine business with environmental or sustainability studies.
This year scholarship recipients will receive a $4,000 award, an increase over the $3,000 value in previous years.
The application deadline is January 30, 2012. Competition results will be announced in spring 2012.
Since 2000, a total of 304 scholarships have been awarded to Canadian students. Factoring in the 14th annual scholarship winners in 2011-2012, EDC’s scholarship program will have invested over $1 million in international business and trade education.
See the winners of the 2010-2011 EDC scholarships.
These scholarships are a key component of EDC’s community investment strategy, which includes international business and trade education targeting Canadian youth. The program is managed by the Canadian Bureau for International Education (CBIE) on behalf of EDC.
EDC is Canada’s export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC’s knowledge and partnerships are used by more than 8,200 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and a recognized leader in financial reporting and economic analysis.
CBIE is a national, bilingual, not-for-profit, membership organization dedicated to the promotion of Canada’s international relations through international education. CBIE’s membership comprises 150 colleges, universities, school boards and associates. It is based in Ottawa.
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Spokesperson
Phil Taylor
Export Development Canada
(613) 598-2904
ptaylor@edc.ca 
Information contacts:
Jennifer HumphriesVice-President, Membership, Public Policy and Communications
Canadian Bureau for International Education
Tel: (613) 237-4820 ext. 246
Email:
jhumphries@cbie.caKristy ClarkeProgram Manager
Canadian Bureau for International Education
Tel: (613) 237-4820 ext. 245
Email:
EDC-Scholarships-Bourses@cbie.ca