(Left to right): Dr Thomas Caulfield, CEO, GLOBALFOUNDRIES, and Suresh Garimella, UVM president, announced today they have established an education partnership program which provides GLOBALFOUNDRIES' employees the opportunity to further their education at UVM at discounted tuition rates coupled with GF's tuition reimbursement program. (Photo credit: Brian Jenkins)
Partnership provides GLOBALFOUNDRIES' employees the opportunity to further their education at UVM at discounted tuition rates coupled with GF tuition reimbursement program
Vermont Business Magazine GlobalFoundries and the University of Vermont today announced they have created a partnership program which offers Vermont-based GF employees the opportunity to further their education at UVM in undergraduate, graduate and graduate certificate programs at discounted tuition rates coupled with GF’s tuition reimbursement program. For UVM, partnering with one of the largest private manufacturing employers in the state enables the university to further its land grant mission of helping Vermont address its workforce development challenges. It also creates a new pipeline of students to the university and brings experienced professionals into UVM classrooms and labs, broadening and enriching the learning environment for current students.
“This education partnership with the University of Vermont is a great opportunity for our employees to further their education and grow their skill sets to enhance their careers, with discounted tuition rates and leveraging the GF tuition reimbursement program,” said Dr. Thomas Caulfield, CEO, GLOBALFOUNDRIES. “Our employees will benefit greatly from this partnership built on the excellent academic programming that the University provides. It is also an affirmation of GF’s continued investment in our Burlington manufacturing facility, our world-class workforce and the state of Vermont.”
UVM alumni comprise a strong presence within GLOBALFOUNDRIES. The company also has a strong recruiting presence on campus, for both full-time employment and summer internships. The partnership agreement further strengthens the relationship between the two entities. Entering into this alliance with GLOBALFOUNDRIES makes strategic sense for the university in light of all the above reasons as well as the continuing discussions surrounding an expanded strategic partnership between the organizations.
“We are very pleased to launch the first phase of this important partnership and look forward to making our outstanding academic programs available to GLOBALFOUNDRIES’ employees,” said Suresh Garimella, UVM president. “The partnership lines up well with our commitment to workforce development and our land grant mission of helping grow the number of high-skill, high-wage jobs in Vermont. Integrating working professionals into the academic life of campus is also of great benefit to the university and our students and sets the stage for further collaboration between our organizations.”
About GLOBALFOUNDRIES
GLOBALFOUNDRIES (GF) is the world’s leading specialty foundry. We deliver differentiated feature-rich solutions that enable our clients to develop innovative products for high-growth market segments. GF provides a broad range of platforms and features with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF has the flexibility and agility to meet the dynamic needs of clients across the globe. GF is owned by Mubadala Investment Company. For more information, visit globalfoundries.com.
About University of Vermont
Since 1791, the University of Vermont has worked to move humankind forward. Today, UVM is a top 100 research university of a perfect size, large enough to offer a breadth of ideas, resources, and opportunities, yet intimate enough to enable close faculty-student mentorship across all levels of study, from bachelor’s to M.D. and Ph.D. programs. One of the first land grant universities in the nation, UVM advances Vermont—and the broader society—through the discovery and application of new knowledge. And by drawing on its location, it provides unique opportunities to explore, challenge ideas, and take on the most pressing issues of our time.
Source; Essex, VT. - February 12, 2020 - GlobalFoundries and the University of Vermont