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Internet betting giant Microgaming has announced that it has founded a bursary education fun that will help children based on the Isle of Man continue their education where they may otherwise be excluded.
The fund will pay secondary education funds of up to £6,000 per student annually. This money can be used to fund housing and essential living costs per student. Those taking advantage of the program will be selected by level of merit.
The money will be managed by the IOM Department of Education and Children, and is open to those who are also eligible for a DEC maintenance grant who has been approved for study on an undergraduate degree. There are no specific restrictions on a particular degree for those to apply.
Commenting on the program Microgaming CEO Roger Raatgever said, “The youth of the Island are our future - this generation will shape the growth of the Isle of Man. It is essential that we provide them with the tools to reach their potential and that’s why we created this initiative."
"We are passionate about corporate social responsibility and are proud of the contribution we make to the Island. We are well-known for providing support to local charities, health projects, events and sports clubs; our new education initiative complements the work we already do on the island. We want to see the Isle of Man thrive.”