Other News | September 2020

Business schools offer new scholarships and franchising opportunities, and publishers focus on diversity.

Stanford University’s Graduate School of Business (GSB) in California is expanding admissions opportunities for students from Latin America by waiving the US$275 fee for its MBA program and offering other financial aid opportunities. The Sí Se Puede Latin America Fee Waiver is accessible to prospective students making less than USD$40,000. It will be automatically extended when students from Puerto Rico, the Caribbean Islands, Central America, Mexico, and South America submit their MBA applications. Once applicants are admitted to the MBA program, Stanford GSB will match eligible students to need-based financial aid opportunities. The fee waiver and fellowships were made possible by Micky Malka, managing partner at Ribbit Capital, and his wife, Becky Kleiner, who are both from Venezuela.

Students and alumni of the Titus Center for Franchising at Palm Beach Atlantic University in West Palm Beach, Florida, will be able to compete for a chance to win up to US$300,000 to buy their first franchise. The money is part of the Kobel Franchise Challenge, established by Ed and Becky Kobel. Ed Kobel, who is president and chief operating officer of DeBartolo Development, will offer ongoing mentoring to the winner or winners. Recipients are expected to operate their businesses full-time and pay back the money over three years.

The Royal Society of Chemistry, a professional membership organization based in the United Kingdom, has brought together 23 publishing companies in a joint commitment to promote more diversity and inclusivity in scholarly publishing. According to the RSC, the group will pool its resources to self-report data on the topic, minimize bias, share best practices, and set standards for diversity and inclusion in the publishing process in ways that “accelerate research culture change.” In addition to a number of publishing houses for specific scientific disciplines, signatories to the effort also include Cambridge University Press, Elsevier, Emerald Publishing, Oxford University Press, Sage Publishing, and Wiley.