Singapore’s Marina Bay Sands and its parent company Las Vegas Sands have announced a new US$1 million scholarship program aimed at building a pipeline of new talent for Singapore.
The Sands Hospitality Scholarship program – a bond-free initiative – will benefit more than 100 Singaporean students pursuing hospitality or tourism-related courses of study at six Institutes of Higher Learning (IHLs) for at least three years beginning in 2023, the company said. Those IHLs are Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Temasek Polytechnic and the Singapore Institute of Technology.
The scholarship can be used by recipients to support their educational expenses such as tuition fees, course materials, overseas immersion programmes and other activities.
A Memorandum of Understanding was signed between MBS, LVS and the six IHLs at a ceremony on Monday.
“As one of Singapore’s largest hospitality players, Marina Bay Sands has had the privilege of creating thousands of jobs and developing careers for our Team Members in diverse roles,” said MBS COO Paul Town.
“We are always on the lookout for the brightest talents to join us in our next stage of growth, and the scholarship is intended to encourage more to chart their paths in this burgeoning industry.”
LVS said the Sands Hospitality Scholarship program is part of the company’s efforts to support hospitality industry workforce development, a core priority in its global community engagement programme, Sands Cares.