CHICAGO, Sept. 16, 2013 (GLOBE NEWSWIRE) -- The United States Hispanic Chamber of Commerce Foundation (USHCC Foundation) and Group O awarded the first of five $10,000 scholarships today. The recipient was announced during the USHCC's 2013 National Convention in Chicago, the largest gathering of Hispanic business leaders in America.
"The USHCC applauds Group O for their commitment to helping grow tomorrow's business leaders," said USHCC President & CEO Javier Palomarez. "These scholarships will allow young people to attain higher education - placing them one step closer to fulfilling their dreams..."
Group O, recognized among the Top 5 Latino-owned business in the US, has made a $50,000 commitment to award graduate level students scholarships for the next five years.
"Our philosophy is that everyone wins when people are given an opportunity to show what they can do," said Gregg Ontiveros, Group O CEO. "The next generation of Hispanic business leaders will need to be prepared to lead and compete on a global level – and we're excited to partner with USHCC to help make that happen."
Marcus Arroyo, a MBA student at the University of Notre Dame was awarded the $10,000 scholarship. After graduating from the US Naval Academy, Arroyo served in the United States Navy for seven years. Arroyo has overseas in Japan and at a joint service IT communications facility in Germany.
Upon completion of his degree, Arroyo plans to pursue a career in technology consulting.
About Group O
Group O is a diversified business process outsourcing provider specializing in marketing services, business analytics, supply chain operations and strategic packaging solutions. A Corporate Plus member of the National Minority Supplier Development Council (nmsdc.org), Group O is an NMSDC National Minority Supplier of the Year honoree and is recognized as a Top 5 Latino-owned Business by the United States Hispanic Chamber of Commerce. Headquartered in Milan, IL, Group O is one of the largest Hispanic-owned companies in the United States and employs more than 1,500. To learn more, visit www.GroupO.com.
About the United States Hispanic Chamber of Commerce Foundation
The USHCC Foundation is committed to giving Hispanic entrepreneurs alternatives for life preparation and life-long learning by developing and implementing initiatives and educational campaigns to awaken and nurture their entrepreneurial spirit. The Foundation leverages corporate and public support to ensure that existing and aspiring Latino entrepreneurs gain access and achieve success in the world of business. Please visit www.ushccfoundation.org for more information on the USHCC Foundation.
CONTACT:Valentina Pereda USHCC Director of Communications 202-489-2932