Industry News | June 5, 2014

Starbucks Invests $3 Million in China for Youth Development

Speaking at Beijing’s Great Hall of the People, founder of the Starbucks Foundation, Howard Schultz, announced a total of $3 million investment in China by the Starbucks Foundation spanning three years, including $1.5 million to the China Soong Ching Ling Foundation (CSCLF), following his meeting with Hu Qili, Chairman, China Soong Ching Ling Foundation.

The commitment, administered by Give2Asia, a social enterprise dedicated to building a civil society across Asia, furthers the eight-year partnership with CSCLF, designed to promote lifelong educational and leadership opportunities for young people in China.

 “As Starbucks China has grown to now more than 1,200 stores in over 68 cities, and 20,000 partners, so too has our foundational aspiration to build a different kind of company in China; one committed to performance that is driven through the lens of humanity and locally relevant innovation,” Schultz says.  “Today, we are proud to honor and renew the Starbucks Foundation’s ongoing partnership with the China Soong Ching Ling Foundation to enrich the lives of Chinese youth and be a positive force in building their future success.”

With the investment of $1.5 million from the Starbucks Foundation, through Give2Asia, the CSCLF will convene leading experts in the areas of youth development, training, academics and business to establish a unique curriculum that combines business acumen, collaborative communications and social consciousness focused on developing future leaders in China. Through the “Youth Leadership Development Program”, students will build their skills and also have mentorship opportunities with Starbucks senior leaders. After participating in the program, students can choose to apply for training courses under the Starbucks China University or corporate internship opportunities with Starbucks in China. The program will reach 1,500 university students across China, from both urban and rural areas and those with disadvantaged backgrounds, over the three years. 

“We are pleased to expand our partnership with the Starbucks Foundation to continue to foster young leaders in China who have demonstrated a passion and commitment to serving the society around them,” says Mr. Jing Dunquan, vice-chairman, China Soong Ching Ling Foundation. “The investment from the Starbucks Foundation will directly develop locally-relevant education and mentorship programs for university students to build leadership skills in communities across China.”

Since 2006, the Starbucks Foundation and China Soong Ching Ling Foundation have partnered to address relevant needs across China. From providing 3,000 rural teachers with innovative teaching methods, providing 1,200 aspiring teachers with college scholarships and supporting over 900 environmental conservation projects by university students, the two organizations look forward to continuing their collaboration to positively impact communities.  

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.

Add new comment