Since the start of the pandemic, the bank - through Santander Universities - has awarded these scholarships to over 50 learning centres in Chile.
During this first stage, 15 out of all the projects received are on the covid-19 track. All teams are made up of undergraduate students who will access entrepreneurial training online through short digital classes until 8 June, when the 70 best projects will be selected to continue competing.
EUR 1 million in funds and benefits for the 20 new entrepreneurships to contribute the best solution to the problems that we, as a community, are facing in the new paradigm post covid-19.
Due to the worldwide healthcare emergency, Santander Universities has extended the deadline and will accept innovative initiatives providing solutions related to the contingency generated by the coronavirus pandemic.
Santander is mobilising €100 million worldwide to fund initiatives to combat the coronavirus. The funds are being used throughout Santander’s home markets to buy medical equipment and support research into the virus through collaboration with universities and other bodies. The Together Solidarity Fund, which was set up by the Group on 23 March with €25 million, has now reached €54 million thanks to donations from the Group subsidiaries, employees across all the countries in which it operates and contributions from third parties.
The "The future Is Saving" website uses games to help students in their first year of secondary education learn new concepts, economic processes and financial techniques.
Banco Santander's portal also offers courses, workshops, official government advice, updates and leisure alternatives for all.
Santander Scholarships initiative seeks to assist university community during coronavirus lockdown.
Banco Santander Chile's executive chairman says the country's jobs must be protected and that this will require a joint effort between the public and private sectors. Given the scale of the emergency and the sharp increase in risk, he believes more measures will be needed to provide liquidity to businesses, which are under pressure from eroded revenue.
The CEO of Banco Santander, Claudio Melandri, has promised that his institution will participate in the Private Emergency Fund for Health in Chile, promoted by the chairman of the Confederation of Production and Trade (CPC), Juan Sutil.
At an extraordinary meeting today, Banco Santander Chile's board of directors resolved to move the general shareholders' meeting to Thursday 30 April and propose a new dividend payment system to multiply the bank's resources to be able to help its customers during the current Coronavirus crisis.
Banco Santander reports that one of its employees, who works at the Temuco Plaza Pyme branch, has tested positive for covid 19. They are currently in quarantine, receiving treatment and in doing well.