New York / Heidelberg, 20 November 2013. Springer announced that it has selected five recipients to receive $50,000 ($10,000 each) in grant money from its affiliated Springer Science+Business Media – Hilfsfonds e.V. (Hilfsfonds) charity. Every year a different Springer location around the world is charged with establishing the criteria and process to identify worthy candidates for financial aid. This year Springer US – comprised of its New York and Philadelphia offices – was asked to do the honors. Recipients were welcomed at Springer's offices in New York to recognize their achievements and to meet senior Springer staff.
To be considered for the grant, an applicant had to be a student at an accredited institution of higher learning who had completed at least one full academic year of studies (full or part time). A candidate could be pursuing an undergraduate or graduate degree, or relevant professional training. Finally, each person hoping to be selected had to demonstrate financial need through no fault of his or her own.
From the initial pool of applications eight finalists were chosen and invited to in-person interviews conducted by a steering committee made up of US-based employees. In the end, five students from the New York City area were chosen to receive the grant money. The recipients are currently enrolled at either a City University of New York or State University of New York institution, in fields of study as diverse as education, psychology, exercise science, biology, physical therapy and public health.
"We knew we had a unique opportunity to give back to our community here at Springer, and that we had to manage this like any other serious project," said Dr. William F. Curtis, President of Springer US. "Fortunately we had an enthusiastic group on our steering committee to drive the process, and an engaged employee base to help us identify worthy applicants. I am very proud of our Springer family, and humbled by the chance to help these five extraordinary individuals."
Springer Science+Business Media – Hilfsfonds e.V. provides financial assistance to people in need, including, but not restricted to, employees of the publishing group and their dependents. The beneficiaries must be facing hardship through no fault of their own or due to exceptional circumstances; they are unable to escape the situation through their own financial means or through other third-party support and are not receiving (sufficient) social benefits.
Springer Science+Business Media (www.springer.com) is a leading global scientific, technical and medical publisher, providing researchers in academia, scientific institutions and corporate R&D departments with quality content via innovative information products and services. Springer is also a trusted local-language publisher in Europe – especially in Germany and the Netherlands – primarily for physicians and professionals working in healthcare and road safety education. Springer published roughly 2,200 English-language journals and more than 8,000 new books in 2012, and the group is home to the world's largest STM eBook collection, as well as the most comprehensive portfolio of open access journals. In 2012, Springer Science+Business Media S.A. generated sales of approximately EUR 981 million. The group employs more than 7,000 individuals across the globe.