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David Black, president and owner of Black Press—Canada’s largest independent newspaper company—has established a new scholarship for students entering the University of Victoria’s bachelor of commerce program. Each year, 37 business students living in the communities where Black Press publishes will each receive a $5,000 Black Press Business Scholarship from the initiative.
Awards will be based on academic excellence. Applicants must also submit a personal essay on their life goals, their understanding of ethical behaviour and their involvement in community or campus organizations.
“We are delighted with this funding,” says Dr. Ali Dastmalchian, dean of UVic Business. “David Black was instrumental in developing the business school in 1990, and he continues to invest in our students and the economic potential of British Columbia.”
These scholarships will help increase the number of students from small communities able to attend the business program. Black’s hope is that these scholarships will encourage students to travel from their home communities to UVic and then recycle their learning back into their home areas to build sustainable economies through business development.
Black started building the Black Press publishing empire in 1975 with the purchase of his father’s newspaper in Williams Lake, BC. He now owns more than 150 papers in Western Canada, the Pacific Northwest, Ohio and Hawaii, and numerous printing and extensive web publishing operations in North America.
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