Syngenta and INSEAD announced creation of a scholarship foundation for students from emerging countries to study for a Master of Business Administration degree (MBA) at INSEAD, according to a press released issued on Thursday.
Syngenta's donation is the largest ever scholarship gift received by INSEAD. The endowment will provide some four scholarships per year. INSEAD and Syngenta will award the first scholarships in November this year for the January 2006 MBA intake.
"The Syngenta scholarship foundation is an important investment in the education of business leaders that will greatly benefit developing nations. It underpins our support to sustainable development in emerging countries around the world," says Syngenta CEO Michael Pragnell. "We chose INSEAD as a top-tier international business school for its exceptional cultural diversity".
To be eligible for a Syngenta scholarship, candidates must be nationals of an emerging country and have lived there for a significant period. A commitment to contribute to the future development of their country is also a requirement.
Syngenta is a world-leading agribusiness committed to sustainable agriculture through innovative research and technology.-PR