March 5, 2002: International business studies programs receive funding boost

      Contact: Shelley Kean at 604.983.7596

      (NORTH VANCOUVER, B.C.)--The MacRae Institute of International Management at Capilano College (formerly CIIAM) has recently been awarded $110,000 for project funding under the Development of International Business Studies program. These funds will be provided over three years to assist the College in offering high quality international business training.

      "I recognize the important contribution that Canadian universities and colleges make to our prosperity," says International Trade minister Pierre Pettigrew. "Capilano College will play an active role in training today's and tomorrow's exporters, and making Canadian industry more competitive around the globe."

      The successful application for funding was submitted by Dr. Scott MacLeod, chair of the MacRae Institute, with assistance from John Potts, dean of Human Services and International Education, and APMCP and LAMP convenor, Gretchen Ferguson.

      "These funds will enable us to develop alternative delivery models for a significant part of our second year and some first year curriculum in the APMCP and LAMP areas," John says. "The models we develop will be instrumental in building our capacity to offer international training and to partner with institutions and organizations who can bring enhanced value to our programs."

      This grant is part of the Institute's strategy to develop increased financial self-sufficiency in the Latin American and Asia Pacific programs. Monies will be used in several areas, including developing case studies based on the experience of College alumni overseas.

      "We currently have funding from the Canadian International Development Agency to run various projects that enhance the programs and the College, and which allow us to support the participation of international students in our programs," Gretchen says, adding, "but this funding lasts only until 2006. We are looking beyond this point to see what other ways we can bring funds into the College and our program area."

      A key mandate for the Department of Foreign Affairs and International Trade is to empower Canadians to thrive in international markets. Case studies and online delivery offered by the Asia Pacific and Latin American programs strengthen the link between program content and the real world.

      "These funds are intended to allow us to publish some of the learning we have done over the years," Scott says. "This will give more structure to our content and, as our cases and materials are more widely used, position Capilano College as a true centre of excellence in international management."