ExxonMobil is making a $1 million donation to help launch the 100,000 Strong in the Americas project, which aims to increase the number of U.S. students studying in Latin America and the Caribbean to 100,000 annually and the number of Latin American and Caribbean students studying in the U.S. to 100,000 annually.
Colleges and universities will be expected to raise matching funds and design new academic programs and research opportunities for the exchange students.
“This is a unique opportunity to expand the educational experience in regions that are strategically important to ExxonMobil as well as strengthen academic disciplines that will drive the energy industry into the future,” ExxonMobil Vice President of International Government Relations Neal Goins said. “The success of this initiative will further economic development in the Americas as well as increase the potential number of qualified candidates who may wish to pursue a career in the industry.”
2020 target date
The 100,000 Strong in the Americas project puts President Obama's goal of reaching student exchange rates of 100,000 per year by 2020 in motion.
The initiative was officially launched on Friday, January 17th, at the U.S. State Department in Washington, D.C. Secretary of State John Kerry led the launch event. Vice President Joe Biden and representatives from participating embassies, companies and universities also attended. Goins represented ExxonMobil.
Joining ExxonMobil as a Founding Circle sponsor is Santander Universities, a division of Santander Bank. Contributing Partners include the Coca-Cola Foundation, the Freeport-McMoRan Copper & Gold Foundation and the Ford Foundation. The State Department is providing $1 million to help participating universities send and receive exchange students. A public-private partnership consisting of Partners of the Americas, a leading voluntary and development agency, and NAFSA: Association of International Educators, the world’s largest nonprofit association dedicated to international education, will implement the program.
More information is available on the 100,000 Strong in the Americas website.