Scholarship
A fundamental principle of the GPC investment philosophy is to provide the education and training to the people of the First Nation to, among other things, allow them to easily and readily assume or take over responsibility and control of the generating asset prior to and certainly once ownership has been transferred, as described under “Ownership”. In order to accomplish this, GPC and the FN will establish a scholarship fund, to be funded annually out of operating revenues from the generating Project. These annual payments will be allocated to various members of the FN community by a committe whose members will be mostly members of the community. The committee will look to use the scholarship fund to add value to the FN community in the following areas:
The Gemini Power Corp. / First Nation Scholarship Fund
- Community capacity building
- Youth development
- Generating station operational & maintenance capability
- Asset ownership and local industry development
Youth Development – Lac Le Croix First Nation Youth Performers. Outside Looking In. Toronto, Ontario. May 21st 2008
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Investment Philosophy – Partnership – Scholarship – Ownership – Executing our Philosophy