I am delighted to share a recent initiative that is both close to my heart and aligned with AvePoint’s commitment to fostering growth and progress that strengthens our community and the larger technology industry. I will be donating a portion of my personal AVPT shares to the School of Engineering at my alma mater, Cornell University, a decision aimed at creating opportunities and investing in the future.
The motivation behind this gift is deeply rooted in my own journey. Reflecting on my years at Cornell, I recognize how pivotal that period was for me. The knowledge, skills, and experiences I gained there were foundational to my career. It is now my privilege to give back in a way that will hopefully transform the lives of many young students in the same way my life was transformed by my time at Cornell.
This annual stock gift will fund a summer fellowship program designed for 20 engineering students each year for five years. These fellowships will place students in smaller technology startups, providing them with the chance to be fully self-funded while gaining invaluable job experience. I believe that working in a startup environment offers a unique and highly valuable experience for students and those early in their careers.
In larger technology firms, students often find themselves in narrowly scoped roles, limiting their exposure to the broader business landscape. In contrast, startups offer a dynamic and multifaceted environment where students can see and participate in many aspects of the business. They get hands-on experience, from development and marketing to customer interaction and strategic planning. This comprehensive exposure helps them understand the interconnectedness of various functions within a business and prepares them to be more versatile and innovative in their future careers.
This program aims to sponsor students to work internationally as well as in the United States of America. This expansion will give students rich international exposure, allowing them to gain valuable multi-cultural experiences that will broaden their perspectives, enhance their adaptability, and develop a global mindset – all of which are crucial in today's interconnected world.
I believe in the power of education and the boundless potential of our youth. By supporting this fellowship program, my goal is to help bridge the gap between academic learning and practical experience. Startups are where innovation happens. By placing bright, eager students in these environments, we are not just helping them learn – we are fueling the next wave of technological advancements.
Philanthropy, for me, is about creating lasting impact. This initiative is a step toward ensuring that talented students, regardless of their financial background, can thrive and contribute meaningfully to society. It is about giving them a head start and the confidence to pursue their dreams.
To our valued investors, I want to assure you that this decision is made with the utmost consideration of our shared values and vision. We are committed to promoting growth and progress, and supporting education and innovation is consistent with that goal. It strengthens our community and, ultimately, our industry.
Thank you for your continued support. Together, we can make a difference, nurturing the next generation of leaders and innovators.