Hispanic Scholarship Fund P&G Pledges $1.5MM

Scholarship applications now available until Feb. 2010

Procter & Gamble (P&G) and the Hispanic Scholarship Fund (HSF) are pleased to announce that P&G is awarding $1.5 million under the company’s Live, Learn and Thrive(TM) global cause to support HSF, the leading Hispanic organization devoted to awarding university scholarships. The grant will be provided over the next four years to support scholarships to increase participation from Hispanics in the STEM (science, technology, engineering and mathematics) areas, as well as sponsoring educational outreach programs.

This contribution will help award 192, $2,500 scholarships to eligible Hispanic students nationwide in the next four years. Thanks to the support of companies like Procter & Gamble, the Hispanic Scholarship Fund has given over 90,000 scholarships to students in need worth over $250 million in the past 34 years. Two-thirds of these students were the first in their families to go to college.

“Through the Live, Learn and Thrive Scholarship program, P&G is enabling a cadre of academically talented, low income, first in family to attend college students complete an important new step in realizing the American dream. And, by focusing on STEM majors, P&G is strategically investing in future career paths destined to assure continued success and leadership of our country in this ever competitive global economy. We salute P&G and the scholars!” said Frank D. Alvarez, HSF President and CEO.

While Hispanics are the largest ethnic minority in the United States, they unfortunately are not keeping up when it comes to educational attainment: according to HSF, Latinos have the lowest high school and college completion rates of any racial or ethnic group, registering a 23.8 percent high school dropout rate, the highest of any major racial or ethnic group (ages 16 to 24), compared to 7 percent for non-Hispanic whites. Moreover, as per data from the Census report Educational Attainment in the United States: 2008, out of the total population, only 13 percent of Hispanics 25 and older have a bachelor’s degree, as per data from the report.

In addition, data from the study, “Confronting the ‘New’ American Dilemma, Underrepresented Minorities in Engineering: A Data-Based Look at Diversity,” from the National Action Council for Minorities in Engineering (NACME) reveals that the number of minority students pursuing STEM degrees and careers has flattened out or even declined in recent years: out of the 6,404 doctoral degrees in engineering awarded in 2006, only 98 went to Latinos and Latinas.

Following its commitment to advance the Hispanic community, P&G has been a long-standing corporate partner of HSF for over 30 years and has donated more than $3,000,000 to help educate future Hispanic leaders. Under its global Live, Learn and Thrive(TM) cause, P&G aims to contribute to the success of Hispanic students and even make higher education a more realistic goal by helping build a pool of exceptional talent and empowering possible future employees, who will continue to enhance the company’s dedication to cater to the needs of its consumers.

“At P&G, we believe in having a workforce and business partners that reflect the markets and consumers that we serve, and to fully value and learn from all of their experiences, insights and talents so we can meaningfully improve the lives of our communities. As part of our efforts to improve life for children and youth, we’re proud to make this Live, Learn and Thrive(TM) grant in recognition of the programs HSF delivers on behalf of Hispanic students,” said Edgar Sandoval, P&G’s General Manager, North America Marketing.

Sandoval, a former recipient of an HSF scholarship while he was pursuing his engineering degree, was inducted into the prestigious Hispanic Scholarship Fund (HSF) Alumni Hall of Fame as the “Inspirador” (the motivator), in recognition of his personal achievements and the hard work and sacrifice made in pursuit of a college education. His scholastic success testifies to the great positive impact that an HSF scholarship can have in a student’s life.

This year’s Alumni Hall of Fame Gala took place in New York on Sept. 30th, and was hosted by Natalie Morales, NBC’s “Today” Co-Host and National Correspondent. Created in 2002, the HSF Alumni Hall of Fame honors Hispanics who demonstrate the power of higher education and highlights how attaining a college degree can change individual lives and society as a whole for the better. As an inductee, Sandoval will join a select group of Latino professionals who have been recognized, including former Surgeon General Richard Carmona, U.S. Ambassador to Mexico Tony Garza and Time Warner Vice President Lisa Quiroz.

HSF’s scholarship application period is now open and will run until Feb. 28th, 2010. General application requirements include having a minimum 3.0 cumulative GPA and be pursuing or planning to pursue their first undergraduate or graduate program. For more information on how to apply for these scholarships, please visit www.hsf.net

About the Hispanic Scholarship Fund

Founded in 1975 as a not-for-profit, the Hispanic Scholarship Fund (HSF) is the nation’s preeminent Latino scholarship organization, providing the Latino community more college scholarships and educational outreach support than any other organization in the country. During the 2007-2008 academic year, HSF awarded almost 4,100 scholarships exceeding $26.7 million. In its 33-year history, HSF has awarded in excess of 86,000 scholarships, worth more than $247 million, to Latinos attending nearly 2,000 colleges and universities in all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands. For a scholarship application or more information about HSF, please visit: WWW.HSF.NET.

About Procter & Gamble and Live, Learn and Thrive.

Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community includes approximately 138,000 employees working in over 80 countries worldwide. In these countries and beyond, P&G is committed to improving lives for children in need through its global cause, Live, Learn and Thrive. Every day P&G Live, Learn and Thrive(TM) is helping children get off to a healthy start, receive access to education, and build skills for life. Please visit http://www.pg.com for the latest news and in-depth information about P&G, its brands, and Live, Learn and Thrive.

SOURCE Procter & Gamble

Pizza Patron, Pepsi Celebrate Hispanic Heritage

Pizza Patron announced that it has teamed with Pepsi in a national, co-branded promotion in all of its stores to honor National Hispanic Heritage Month.

Pizza Patron, Pepsi Celebrate Hispanic Heritage Month

Pizza Patron, Pepsi Celebrate Hispanic Heritage Month

The promotion began September 1 and was specifically designed to celebrate and honor the Latin culture and lifestyle during Hispanic Heritage Month. It is a bilingual promotion, but Spanish-language dominant. Advertisements for the promotion read, “!Viva Latino! Pizza Patron y Pepsi Festejan el Mes Patrio,” which means, “Pizza Patron and Pepsi celebrate this historic, patriotic month for all Latinos of diverse roots.”

With any 2-liter purchase of Pepsi products through September 30, customers will receive a free phone egrip Non-Slip Strip. The egrip is a protective, silicone material that can be applied to the back of a cell phone to make it easier to handle and prevent it from sliding on any surface.

The free egrip features the Pizza Patron and Pepsi logos, as well as Pizza Patron’s slogan, “Latin Life, Enjoy,” which reinforces the company’s focus while broadening its current customer base by inviting every demographic to enjoy and experience the diversity found within the Latin lifestyle.

Cobranded Campaign for Hispanic Heritage Month between Pizza Patron and Pepsi

Cobranded Campaign for Hispanic Heritage Month between Pizza Patron and Pepsi

“Celebrating the rich history and traditions found within the Latin life and culture is what makes our brand strong,” says Andrew Gamm, brand director for Pizza Patron. “National Hispanic Heritage Month is a chance for us to honor the Latin culture which goes to the core of our company’s values.”

Source: QSR Magazine

1st-Ever Sears National Hispanic Heritage Month Initiative

Introduces new bilingual social networking site for students and parents

HOFFMAN ESTATES, Ill., Sept. 15 /PRNewswire/ — Inspired by the many Hispanic families who help their children become the first to attend college, Sears Holdings has launched the PRIMERO Hispanic Heritage Scholarship(SM) and bilingual, social networking education website in celebration of Hispanic Heritage Month (September 15 – October 15).

In Spanish, “primero” means “first”. The PRIMERO scholarship awards up to $10,000 toward college costs for those who are “first” in their family to attend college, as well as those continuing the family’s tradition of attaining a higher education. In addition to applying for the scholarship, students and their parents can also learn about the college planning process via the PRIMERO Hispanic Heritage Scholarship(SM) site — www.shcprimerobeca.com. SHC also offers a scholarship to associates of Sears, Kmart, Lands’ End and Orchard Supply Hardware.

With more than 46 million Hispanics now living in the U.S. and more than 132 million expected by 2050*, the PRIMERO Hispanic Heritage Scholarship(SM) education initiative is one of the ways Sears Holdings is reaching out to the Hispanic community. Sears recently launched a fully Spanish-translated website, espanol.sears.com, giving Spanish-speaking customers full access to its wide range of home appliances, electronics and computers, outdoor living, lawn and garden, and tools. Product names and navigation are also translated in other categories, allowing our customers to browse our websites in whichever language best meets their needs.

“We are excited to launch the SHC PRIMERO Hispanic Heritage Scholarship(SM) and education website in honor of Hispanic Heritage Month,” said Nydia J. Sahagun, director, multicultural marketing, Sears Holdings Corporation. “This new initiative is a great way to support education, while providing information and resources for college-bound students and their parents in an engaging and interactive way.”

*2009 U.S. Census Bureau

The PRIMERO Hispanic Heritage Scholarship(SM) website is Sears Holdings’ first corporate social networking site focused on education. The website is a one-stop online destination for college planning, featuring special sections to demystify the process:

— Why College – Outlines the benefits of going to college while busting myths versus facts about college

— The Plan – Tells you what to do first to start planning for college, no matter where you are in the process

— The Search – Details the types of colleges you can choose from while helping you find a match with the type of college that best fits you

— The Process – Gives you a monthly “to-do” list, checklist and information on college application requirements and on how to apply

— The Money – Provides information on typical tuition costs and how to navigate through financial aid

— At College – Offers tips for success once in college

— Blogs – Give first-hand tips from real college students on what to expect when applying for or attending college

According to Diverseeducation.com, although 98% of Hispanic high school students want to attend college, only 25% of college-aged Hispanics (18-24) are enrolled. This low attendance rate is attributed to many factors including lack of experience, resources and available/understandable information in many Hispanic communities. The PRIMERO Hispanic Heritage Scholarship(SM) and website aims to close the informational gap for Hispanics.

“We commend Sears Holdings for providing scholarship opportunities, especially during a time when a large emerging population is primarily Hispanic,” said Antonio Flores, president and CEO of the Hispanic Association of Colleges and Universities (HACU). “The reality is that without programs like PRIMERO Hispanic Heritage Scholarship(SM), attaining a higher education would not be possible for many Hispanics.

No purchase is necessary. Void in Maine and where prohibited. High school and college students from all ethnic backgrounds who are residents of the 50 United States (except ME), plus the District of Columbia, and are between the ages of 16 and 22, inclusive with a cumulative grade point average of 3.0 or higher on a 4.0 scale (or the equivalent) are encouraged to apply for the PRIMERO Hispanic Heritage Scholarship(SM). Awards include a scholarship for college worth up to $10,000 (1 winner), up to $5,000 (1 winner) or up to $2,500 (2 winners), or one of 10 Sears-Kmart ‘Back to Campus” kits, valued at $250 each. Entries must be received or postmarked by October 15, 2009, at 11:59 p.m. EST. For Official Rules, go to www.shcprimerobeca.com/es/apply-now/rules (Spanish) or www.shcprimerobeca.com/en/apply-now/rules (English). For more information on the PRIMERO Hispanic Heritage Scholarship(SM) or college preparation, visit www.shcprimerobeca.com. For more information on Sears and Kmart, visit www.sears.com or www.kmart.com. Sponsor: Sears Holdings Corporation, 3333 Beverly Road, Hoffman Estates, IL 60179.

About Sears Holdings Corporation

Sears Holdings Corporation is the nation’s fourth largest broadline retailer with approximately 3,900 full-line and specialty retail stores in the United States and Canada. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, home electronics and automotive repair and maintenance. Key proprietary brands include Kenmore, Craftsman and DieHard, and a broad apparel offering, including such well-known labels as Lands’ End, Jaclyn Smith and Joe Boxer, as well as the Apostrophe and Covington brands. It also has Martha Stewart Everyday products, which are offered exclusively in the U.S. by Kmart. We are the nation’s largest provider of home services, with more than 12 million service calls made annually. Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation. For more information, visit Sears Holdings’ website at www.searsholdings.com.

Source: Sears Holdings Corporation

Infinity Insurance Joins the Fight Against Unemployment

California’s unemployment rate reached 11.9% in July and continues to climb. The state’s Hispanic community has been hit even harder. Some estimates forecast a jobless rate as high as 18% for this group by the end of the year.

Infinity Insurance is launching a free job search assistance program titled “Monarca,” designed to help workers in the hardest hit communities in Southern California find jobs. The program seeks to pool resources from local small businesses and organizations to connect out-of-work people with employment opportunities.

Programa Monarca officially launches on Labor Day September 7th and offers a range of free services including:

  • Job searching assistance
  • Help filling out job applications
  • Resume and cover letter writing support
  • Printing and faxing
  • Interview preparation and coaching

Programa Monarca is inspired by the Monarch butterfly, famous for its lengthy annual migration between Mexico and the United States. “Monarch butterflies symbolize hard work, persistence and the strength of community,” said Tania Calderon of Crown Reinas Insurance, one of many local Infinity independent insurance agents supporting the cause.

For further information on Programa Monarca, call 1-800-863-5930 or visit ProgramaMonarca.org. Businesses wishing to participate in the program should contact Janndee Evans at 1-562-653-2211

Source: Infinity Insurance

Strategic Alliance Between Televisa and Genomma Lab

Grupo Televisa, S.A.B. (“Televisa”; NYSE: TV; BMV: TLEVISA CPO) and Genomma Lab Internacional, S.A.B. de C.V. (“Genomma Lab”; BMV: LAB B) announced today that they have signed a strategic alliance agreement to sell and distribute personal care and over the counter pharmaceuticals in the United States and Puerto Rico.

The strategic alliance will operate through Televisa Consumer Products USA (“TCP”) a company owned 51% by Televisa and 49% by Genomma Lab. The sale and distribution of Genomma Lab’s products will be an integral part of the activities of TCP.

As part of this alliance, TCP will enter into, among others, a product supply agreement with Genomma Lab. Televisa will make available its different media platforms in the United States and Puerto Rico to TCP, which will provide Genomma Lab’s brands with significant advertising in the targeted markets in line with Genomma Lab’s business model.

This will enable Genomma Lab to expand the extensive success of its brands beyond Mexico and Latin America by accessing a Hispanic market of approximately 50 million consumers with a purchasing power of over $870 billion annually while leveraging off of Televisa’s reach and name recognition in the Hispanic market.

Subject to certain conditions, the parties contemplate closing the transaction in the following months and launching operations by year end.

About Grupo Televisa, S.A.B

Grupo Televisa, S.A.B., is the largest media company in the Spanish-speaking world and a major participant in the international entertainment business. It has interests in television production and broadcasting, production of pay-television networks, international distribution of television programming, direct to home satellite services, cable television and telecommunication services, magazine publishing and publishing distribution, radio production and broadcasting, professional sports and live entertainment, feature-film production and distribution, the operation of an internet portal, and gaming. Grupo Televisa also owns an unconsolidated equity stake in La Sexta, a free-to-air television venture in Spain.

 

About Genomma Lab Internacional, S.A.B. de C.V.

Genomma Lab Internacional, S.A.B. de C.V. is one of the fastest growing pharmaceutical and personal care products companies in Mexico and has an increasing presence in the international markets. Genomma Lab develops, sells and markets a broad range of premium branded products, many of which are leaders in the categories in which they compete in terms of sales and market share. The Company has significantly grown its revenue and profitability through a combination of a successful new product development process, consumer-oriented marketing, a broad retail distribution network and a low-cost, highly flexible operating model.

Source: Genomma Lab Internacional, S.A.B. de C.V.