The 2014 program commenced on June 4 and concluded on August 1, with the exception of internships in hotels and hospitality which will concluded in early September.
The Libra Group, a privately owned international business group, operates its International Summer Internship Program in cooperation with the Greek America Foundation. Launched in 2012, the program has sent 29 students through the Foundation to undertake internships at Libra Group subsidiaries around the world.
“The success of this program is bringing opportunity and inspiration to a new generation,” says George Logothetis, Chairman and CEO of the Libra Group. “Students learn about our businesses, strategy and management philosophy along with developing their skill-set. It widens horizons and offers the powerful combination of experience and understanding to bright young people in helping to shape their careers and their future.”
The internship program places students at one of the group's 25 key international locations, which include New York, Miami, London, Athens, Beijing and Buenos Aires. The Libra Group's subsidiaries primarily span shipping, aviation, hospitality, real estate, and renewable energy. The internships take place during summer vacation and include a stipend towards travel and living expenses – covered by the generosity of the Libra Group.
Greek America Foundation founder Gregory Pappas is clear about the benefits. "We are very fortunate to partner with the Libra Group in this exciting endeavor. It offers young people a springboard for opportunity and professional development like no other program in our community-- not to mention an unforgettable global experience. To us, service to young people is at the very core of our mission and we're grateful to Libra for this dynamic enterprise."
The internship program with the Libra Group is an example of the Greek America Foundation emphasizing its commitment to initiatives for younger people. Previously launched successful programs include Greek America's Forty Under 40 awards, the Hellenic Legacy Fund which offers full-semester scholarships for study abroad in Greece, and the National Innovation Conference which brings together global leaders in various fields to meet and interact with young people.
"Given the significant economic challenges that Greece is facing, I believe that those of us with Greek origins have a duty to assist in any way we can," added Mr. Logothetis. "The aim of our internships is to provide a real-life program for students to get involved in a wide variety of businesses in global economic centers and use that experience to build their careers and benefit their communities."
Students will gain significant lifelong career benefits from this program, including the opportunity to broaden and explore their career experiences, as well as the chance to create an international network of professional contacts and mentors.
The Libra Group is a privately owned international business group undertaking strategic investment around the globe. The group was created in 2003 as a holding company for the diversified business interests of the Logothetis family and has experienced significant growth over the last decade. The Libra Internship Program supports around 20 students annually drawn from the Greek America Foundation for summer internships, and from the American College of Greece in Athens for a program of study abroad and work placements.