MISSISSAUGA, ON, March 6, 2019 /CNW/ - Bayer Inc. a Canadian leader in life sciences, is excited to announce a $500,000 investment over four years to Let's Talk Science, an award-winning organization focused on helping youth thrive as citizens in a workforce increasingly shaped by science and technology.
"As a nation, Canada continues to be a global leader, but tomorrow will bring about new challenges," said Alok Kanti, President and CEO of Bayer Inc. "To ensure our youth have the skills needed to meet the demands of tomorrow, it is important that we invest in their education today."
Bayer's investment will ensure that Canadian children continue to have access to free, hands-on science, technology, engineering and mathematics (STEM) based programming offered through Let's Talk Science.
"Bayer's investment enables Let's Talk Science to continue shaping Canadian youth into creative critical thinkers and knowledgeable citizens who are prepared to participate and thrive in a complex global environment," said Bonnie Schmidt, President and Founder, Let's Talk Science. "Over the past 25 years Let's Talk Science has inspired and engaged over 7 million children, youth, educators and volunteers in all regions of Canada through meaningful programs that build critical skills."
Science, technology and innovation are increasingly important to Canada's economic well-being and quality of life. As more businesses and organizations seek to innovate, modernize and grow their businesses, the demand for people who can fill STEM-related jobs will continue to increase.
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges presented by a growing and aging global population. At the same time, the Group aims to increase its earning power and create value through innovation and growth. Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2018, the Group employed around 117,000 people and had sales of 39.6 billion euros. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. For more information, go to www.bayer.ca
About Let's Talk Science
Let's Talk Science – a leading partner in Canadian education – is a national charitable organization committed to inspiring and empowering Canadian youth to develop the skills they need to participate and thrive in an ever-changing world. To accomplish this, Let's Talk Science offers a comprehensive suite of science, technology, engineering and math (STEM) based programs to support youth, educators and volunteers across Canada. Let's Talk Science's national office is located in London, Ontario. For more information about Let's Talk Science, visit www.letstalkscience.ca.
This news release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
SOURCE Bayer Inc.