Scholarship launched in honour of CUC founder

| 13/02/2019
CNS Local Life
(L-R) Richard Hew of CUC, Peter A. Thomson and Wayne Ross, of the Peter N. Thomson Family Foundation, at the launch of the scholarship (CLICK TO ENLARGE)

(CNS Local Life): A new scholarship was launched Wednesday, 13 February, to provide an opportunity for Caymanians who demonstrate both need and academic potential to attain a post-secondary education in Canada, the US or the UK. The Thomson Leadership and Innovation Award scholarship programme was created to carry out the wishes of the late Peter N. Thomson, who was one of the founding members of the Caribbean Utilities Company (CUC) and served as a director for 25 years.

His son, Peter A. Thomson, one of the company’s longest-serving directors who was CUC’s president and CEO from 1986 until he retired in 2005, said of the scholarship, “Our family is pleased to announce this scholarship fund in honour of our father whose mission was always to give back to the Cayman Islands community particularly in the areas of the arts, culture and the creativity space. We anticipate a high level of interest and look forward to announcing the first recipient of this special scholarship.”

The Peter N. Thomson Family Foundation created the scholarship, which grants US$30,000 annually and will be awarded in time for its first recipient to begin college/university in September 2019, a press release said.

The scholarship provides for post-secondary studies, whether they are technical, vocational or graduate, to a maximum four students at any given time, for up to four years of funding each, depending on the length of the degree, diploma, or certificate programme, and provided academic eligibility requirements are maintained as outlined by the foundation.

The foundation will award the annual grant to the applicant who “showcases exemplary community involvement, particularly in leadership, innovation and entrepreneurship”, the release said. In addition, the recipient must demonstrate he or she plans to make a positive difference in the Cayman Islands on their return from college.

CUC will administer the scholarship award on behalf of the foundation.

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Category: Education, Scholarships

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