Heard on the Street: AT&T gives $14,700 to RCTC students

November 20, 2018

A $14,700 contribution to Rochester Community and Technical College means 14 students will get financial help to pursue degrees.

AT&T made the donation on Friday to provide 14 $1,000 scholarships for RCTC students pursuing a degree in a STEM (science, technology, engineering and math) field, a construction trade or an entrepreneurial-related career.

The STEM scholarships cover degrees in computer science, engineering, science, health care informatics and nursing. RCTC also will use the scholarships for students studying carpentry, building utilities mechanics, and computer-aided drafting technology “to meet the future construction job projections of the DMC (Destination Medical Center) initiative.”

The contribution also will provide RCTC’s Small Business Development Center with $700 to support “its efforts to counsel and assist students interested in entrepreneurship.” Its services include start-up assistance, business plan development, access to capital and loan packaging, marketing plan development and market research.

RCTC President Jeffery Boyd accepted the donation at a ceremony on Friday afternoon.

“We know these fields will be key growth areas for our local economy, and we need to make sure we have a workforce trained for these jobs. We are grateful to AT&T for helping hard-working students with financial need continue their dream of obtaining a college education,” stated Boyd in the announcement of the donation.

AT&T Minnesota President Paul Weirtz presented the donation to RCTC.

“AT&T Minnesota is committed to helping advance the education of our young people, particularly in the critical fields of science, technology, engineering and math,” stated Weirtz in the announcement.

Biz buzz

It’s that time of the year, when businesses scramble to launch or finish projects before New Year’s Eve.

So watch for plenty of development action and announcements to pop up before the calendar flips over to 2019.

In particular, it looks like a national furniture and home goods chain is on its way to jump into the Med City market mix.

I should have more on this soon.

Update hourly