Superior, a Ferndown based leading manufacturer of precision rubber ‘O’ ring seals and special mouldings, has set up a Bursary Fund with the Dorset Community Foundation to support young people aged between 16 and 21. The young people applying must be residents of East Dorset and have to attend or plan on attend Bournemouth and Poole College or Brockenhurst College on a STEM (science, technology, engineering or mathematics) course.
Mark Wallis, Commercial Director at Superior explained: ‘We have always shown commitment to young people in education or training through our own Apprenticeship Scheme and Training Academy. The newly set up STEM Bursary Fund with the Dorset Community Foundation will focus on those who are less fortunate than others and help provide them with bursaries for travel costs, course fees, special equipment, IT equipment and course related clothing.’
The Dorset Community Foundation, a local charity, manages a number of corporate funds for local companies that would like to incorporate supporting local individuals or communities as part of their Corporate Social Responsibility. Setting up a fund with the Foundation is an easy, tax efficient and cost effective alternative to setting up a charitable trust.
The Superior STEM Bursary Fund is currently open for applications of up to £1,500 and the application forms can be accessed via the Dorset Community Foundation’s website www.dorsetcommunityfoundation.org. Applications will require authorisation by the student welfare liaison office of either Bournemouth and Poole College or Brockenhurst College.