A $1.03 million investment by Hibernia Management and Development Company Ltd. (HMDC) will establish two initiatives at College of the North Atlantic (CNA) to expand access to training opportunities for women, individuals with Aboriginal status, persons with disabilities, and members of visible minorities.
The first initiative, the Hibernia Project Diversity Endowment Fund, will establish two bursaries: the
Hibernia Project Diversity Bursary Program and the
Hibernia Project Women in Industrial Trades and Engineering Technology Bursary, with an investment of $880,000. An additional $150,000 will establish the
Hibernia Project Assistive Technologies Fund to support individuals who have disabilities.
“College of the North Atlantic and HMDC understand the importance that financial assistance plays in the life of today’s students,” said Ann Marie Vaughan, president of CNA. “We also share our partner’s commitment to diversity and recognize that the continued development of funding opportunities such as these increase accessibility to training opportunities, which support the needs of today’s workforce, those of our partners and the eventual needs of this province.”
“Our overall objective is to expand the pool of qualified students available to work in the oil and gas industry, said Jamie Long, HMDC president. “Diverse teams are essential for the long-term success of the industry and the company. We are proud to fund these important programs.”
The
Hibernia Project Diversity Bursary Program is for full-time students enrolled at any CNA campus who have Aboriginal status, a disability, or who represent a visible minority. Of those eligible students, further preference will be given to students who are enrolled in the trades or engineering technology programs. The bursaries are renewable annually.
The
Hibernia Project Women in Industrial Trades and Engineering Technology Bursary Program is for female students who are enrolled full-time at any campus of CNA, and who participate in a trades or engineering technology program.
The
Hibernia Project Assistive Technologies Fund will support the purchase and installation of assistive technology products. This fund will assist students with disabilities at each of CNA’s 17 campuses and will ensure a timely response to the increasing needs of learners with disabilities.
The endowment funds are one-time investments by HMDC that will be managed by CNA into perpetuity. For more information on CNA and its programs, visit www.cna.nl.ca or visit the CNA Facebook page at www.facebook.com/CNANewfoundlandLabrador.
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Hibernia Management and Development Company Ltd. (HMDC) is the operator of the Hibernia field which began petroleum production on the Grand Banks off Newfoundland and Labrador in November 1997. HMDC is owned jointly by ExxonMobil Canada (33.125%), Chevron Canada Resources (26.875%), Suncor Energy (20%), Canada Hibernia Holding Corporation (8.5%), Murphy Oil (6.5%) and Statoil Canada Ltd. (5%).
College of the North Atlantic (CNA) is Newfoundland and Labrador’s public college. It is one of the largest post-secondary educational and skills training centres in Atlantic Canada, with a history dating back nearly 50 years. Today it has 17 campus locations throughout Newfoundland and Labrador and one in the Middle East State of Qatar. It offers nearly 100 full-time program offerings and more than 300 part-time courses for some 20,000 students each year in: Academics, Applied Arts, Business Studies, Health Sciences, Engineering Technology, Industrial Trades, Information Technology and Tourism & Natural Resources.
Media Contact:
Roger Hulan
Communications Specialist
College of the North Atlantic
(709) 643-7938
roger.hulan@cna.nl.ca