Businesses donate $11.3M to colleges
A group of businesses in the state has donated $11.3 million to the Maine Community College System to help support its efforts to expand enrollment to 25,000 students by 2018.
Gov. Paul LePage and former Gov. John McKernan, along with more than 20 business leaders, gathered yesterday to announce the donation, according to a press release. Donors included the Hannaford Charitable Foundation, Dead River Co., L.L.Bean, TD Bank and Anthem Blue Cross & Blue Shield. The money will be used to help establish new associate degree programs in veterinary technology, integrated manufacturing, agricultural sciences and an online early childhood education program. It will also help fund new health care simulation training centers and a new composite training center, as well as fund financial aid for students. Nearly $5 million is marked as unrestricted funds for the campaign.
The donation marked the end of the first phase of the Campaign for Maine's Community Colleges, a $10 million fundraising effort begun early last year. The campaign was the first statewide fundraising effort conducted by the Foundation for Maine's Community Colleges. The system's current enrollment is 18,500.
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