Latest news with #LSBC


The Star
2 days ago
- Business
- The Star
New partnership to enhance vocational education, training in Laos
A representative from the Lao School of Business and Commerce (left) and a representative from the LFND display the signed agreement in Vientiane last week. VIENTIANE: Young people from ethnic communities and families of Lao Front for National Development's (LFND) staff will have greater access to free vocational and language education under new cooperation agreements aimed at strengthening human resources and promoting inclusive development. The Memorandum of Cooperation (MoC) between the Research and Training Centre of the Central (LFND) and the Lao School of Business and Commerce (LSBC) and the Ethnic Technical and Vocational College was signed in Vientiane last week. The agreements outline long-term collaboration in scholarship provision, curriculum development, and skills training. Under the MoC with LSBC, the school will offer 95 full scholarships each year for a Higher Diploma in Business Administration. Of these, five are reserved for children of LFND central staff, while 90 are allocated to Grade 7 students from Vientiane and 17 provinces. LSBC will waive tuition fees for all recipients during the three-year programme. The school will also grant 100 percent tuition-free English language training to LFND employees and a 50 percent fee reduction for their spouses and children. It will provide six-monthly and annual reports to the LFND on student performance and academic progress. Meanwhile, the cooperation with the Ethnic Technical and Vocational College targets ethnic high school graduates, offering scholarships in Chinese-language higher education programmes. The college will award three scholarships per year for the first five years and six per year for the following 12 years, all with full tuition exemptions. To support this initiative, the LFND will assist in developing the college's campus in Viengkeo village, Xaythany district, coordinate with relevant authorities, and contribute political education content to the curriculum. Two LFND staff will be assigned to the college, and scholarship recipients' progress will be monitored regularly. Both colleges will work with the LFND to introduce short-term training courses in English, Chinese, Japanese, and Korean for staff, students, and the public. They also plan to carry out joint research to improve educational quality and better align with labour market needs. The MoC with LSBC is valid from 2025 to 2030, while the agreement with the Ethnic Technical and Vocational College will run from 2025 to 2040. These partnerships mark a significant step in expanding education opportunities and improving workforce readiness for communities across Laos. - Vientiane Times/ANN


Associated Press
31-01-2025
- Business
- Associated Press
Life Sciences BC Receives Over $1.1 Million to Catalyze the Growth of BC-based Life Sciences Companies
VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan 31, 2025-- Life Sciences BC (LSBC), a non-government, not-for-profit organization that works to advance British Columbia's (B.C.'s) life sciences sector, announces approval to receive over $1.1 million over three years in funding from PacifiCan to deliver on its Life Sciences Growth Catalyst Project. This project focuses on enabling B.C. life sciences companies with networks, opportunities, skills, and knowledge to scale in Canada and beyond. The funding is through PacifiCan's Business Acceleration Pilot (BizAP). LSBC, through the project, will support the expansion of B.C. high-growth life sciences companies and make a meaningful impact on the sector. The program is designed to foster regional economic development — job creation, revenue growth, and capital attraction. The funding will also be used to expand LSBC's annual Invest in BC conference, which attracts over 100 global investors to the province and facilitates over 450 partnering and investor meetings for B.C.'s small and medium enterprises. 'We're thrilled to partner with PacifiCan to deliver on this exciting project that will bring high-quality jobs, economic development, and ultimately patient impact to the province,' said Wendy Hurlburt, LSBC President & CEO. 'Supporting B.C. companies to become competitive will elevate our sector, strengthening B.C.'s position as a global life sciences leader.' 'Through tailored programs like the Business Acceleration Pilot, PacifiCan is serving the unique needs of British Columbian entrepreneurs so that they can turn their ambition into reality,' said the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan). 'By partnering with organizations such as Life Sciences BC, PacifiCan is helping B.C. businesses grow here at home and compete on a global stage.' LSBC has put together an advisory council of life sciences leaders to provide strategic direction and help select companies to participate in this initiative, ensuring LSBC continues to meet sector needs. About Life Sciences British Columbia Life Sciences BC (LSBC) is a not-for-profit, non-government sector association that works to advance British Columbia's life sciences community through numerous local, national, and international initiatives. We nurture economic development in the province through leadership; facilitation of investment and partnering; government collaboration; and promotion of our world-class life sciences sector. Life Sciences BC (LSBC) is a not-for-profit, non-government sector association that works to advance British Columbia's life sciences community through numerous local, national, and international initiatives. We nurture economic development in the province through leadership; facilitation of investment and partnering; government collaboration; and promotion of our world-class life sciences sector. Marketing & Communications Manager SOURCE: Life Sciences BC (LSBC) Copyright Business Wire 2025. PUB: 01/31/2025 03:00 PM/DISC: 01/31/2025 03:00 PM