CloudNOW, an executive consortium for leading women in cloud and converging technologies, recently announced the launch of its first STEM Scholarship Fund for female students pursuing university-level technical degrees at the Shanti Bhavan School in India.
Shanti Bhavan, a residential school based in Southern India, caters exclusively to the needs of India's most disenfranchised children.
The subject of a recent Netflix documentary, “Daughters of Destiny,” Shanti Bhavan is the only educational program of its kind, according to a news release. (See India-West story here.)
Its graduates have a 100 percent university acceptance rate, work at Fortune 500 companies and contribute 20 percent to 50 percent of their salaries to their families and communities, it said.
The fund is made possible by grants from corporate partners Intel, Apcera and CB Technologies, and is intended to help the next generation of leaders overcome socioeconomic inequality and raise their communities out of poverty, according to CloudNOW.
“We are thrilled to receive the support of these world-class organizations and hope it will attract the support of others,” said Ajit George, director of operations at Shanti Bhavan, in a statement. “This new scholarship fund will allow us to further the important work we’re doing, empowering more and more children to break the cycle of generational poverty through education, leadership and compassion.”
Three women from the Shanti Bhavan program currently studying at Christ University in Bangalore will be awarded full scholarships covering tuition and living expenses for a year. The students will be selected by Shanti Bhavan based on merit, leadership potential and need, the news release said.
“Shanti Bhavan is a testament to the transformative power of education,” said Jocelyn DeGance Graham, founder of CloudNOW. “These students escape generational poverty and bring their families — and even entire communities — with them as they rise. We look forward to helping them find top technical roles with our international corporate partners that also respect and satisfy each of these students’ mission of raising 100 people from their communities out of poverty in their lifetimes.”