Summit and Beximco award BDT 45 million per annum matching grant to JAAGO Foundation – a first time for two local conglomerates jointly contributing such a large amount to a local Non-profit Organisation.
(DHAKA, Bangladesh) August 09, 2021
Summit Corporation and Beximco Holdings, two of the country’s largest conglomerates, awarded a matching grant of BDT 45 million per annum for three years to JAAGO Foundation, enabling them to educate 4,000 students across Bangladesh. JAAGO, utilizes their UNESCO award winning teaching model using ICT to ensure education over telephone calls, short messaging service and video conferencing system. This is even more important while the education institutions are closed due to the pandemic. Once the education institutions open, the grant will be used to run the digital schools. This is the first time two local conglomerates are jointly contributing such a large amount to a local Non-profit Organisation.
Muhammed Aziz Khan, Founder Chairman of Summit Group of Companies said,
“The excellent work of JAAGO in using web-based learning for the poorer students all over Bangladesh is perhaps a model of educating in the future. Korvi has thought about what others will and should follow. Summit is committed to eradicate poverty and thus is privileged to support JAAGO’s internet based schools. JAAGO has been awarded the UNESCO King Hamad Bin Isa Al-Khalifa Prize for the Use of ICT in Education, they deserve the Nobel prize.”
Shayan F Rahman, Advisor to the Board of Beximco Group also says:
“Every child has the right to education — the right to go to school and learn. For too many, however, that right has been left in tatters by the COVID-19 pandemic,Thankfully, we can cash in on the robust countrywide digital infrastructure and information technology prowess to enable distance learning opportunities for many. Beximco, along with Summit, is proud to partner with JAAGO to empower 4,000 children from less fortunate segments of our population with remote education.”
“Everyone has been affected, especially the education sector. Schools and colleges have been shut down during this global pandemic. At such a moment, Summit and Beximco have come forward to support the education sector. This is an example of the Bangladesh corporate sector stepping forward for the people of Bangladesh. I hope that this initiative will encourage other corporate houses to step forward and make a difference in the community, ” said Korvi Rakshand, Founder, JAAGO Foundation.
At the virtual signing ceremony Directors of Summit Group Fadiah Khan, Azeeza Aziz Khan and Salman Khan were present on behalf of Summit and from Beximco Ajmal Kabir, Group Director and Samira Zuberi Himika, Executive Director were present.Two students of the first batch of JAAGO, Fatema and Lenin shared their stories. The virtual signing ceremony was hosted by Nobonita Chowdhury.
With this grant, JAAGO hopes to make a sustainable change in the lives of marginalized children and accelerate the development process of Bangladesh. The duration of this partnership is three years.
About JAAGO Foundation:Since 2007, JAAGO Foundation has been providing education for thousands of underprivileged children all over Bangladesh. Using the digital platform, JAAGO is taking quality education in the most rural parts of the country. JAAGO was recognised by UNESCO in 2017 as the Best Educational Organization in the world for using ICT in education. The JAAGO Foundation also received the Mosaic International Award from His Royal Highness Prince Charles, the Prince of Wales, for outstanding achievement in the education sector in Bangladesh. More recently in May 2021, Korvi Rakshand, Founder of JAAGO Foundation was awarded the Commonwealth Points of Light Award by Her Majesty the Queen Elizabeth II for mobilising more than 40,000 volunteers, especially during the Corona Virus crisis under their youth program, Volunteer for Bangladesh (VBD). VBD aims to empower the youth, facilitate volunteerism, foster self-resilience and growth, and equip them with the necessary tools. Currently, 4000 marginalised children are receiving free of charge quality education under the Bangladesh Government’s National Curriculum in English Version.
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About Summit’s CSR activities:Summit is the largest infrastructure conglomerate in Bangladesh and we believe in making a positive impact on the communities where we operate through our Corporate Social Responsibility (CSR) activities. We have long-standing partnerships with several non-governmental organisations (NGOs) to support projects that improve access to education, arts & culture, sports, healthcare and social services for underprivileged individuals. Summit has a CSR Committee represented by senior leadership of the company and has been awarded for its effort.
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About Beximco’s CSR Activities:At BEXIMCO, we are guided by strong ethical values to operate responsibly within a broader social and economic context. Our Corporate Social Responsibility (CSR) initiatives are the reflection of our unwavering commitment to making a meaningful impact in society. From the Rana Plaza disaster to natural calamities to the Covid-19 pandemic, we have responded responsibly to the nation’s hour of need, in addition to our regular support towards noble causes and initiatives. We aim to continue and expand our philanthropic activities to support ideas and efforts to improve people’s lives, covering health and wellbeing, education, as well as sports and culture.
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