Altron wants to launch an ICT skills focussed education trust by the end of July at the latest.
The trust will be used to help learners related to Altron employees or further afield to pursue an ICT education.and its one of the biggest names in ICT locally. With interests in fintech, healthtech, security and more, the company announced this morning that it would be making moves to launch an education fund., Altron will be launching a sustainable ICT skills focussed education trust.
Importantly, Altron wants this fund to be sustainable in that it shouldn’t rely on external bank funding, shares of Altron appreciating or dividend payments. However, the company will provide support if it is needed for Ascent to reach its stated goals. Of note is that Altron hopes to assist those wanting to pursue a career in the ICT field but come from a household where annual income is below R600 000 per annum.
Altron hopes to launch Ascent fully by 31st July but if all goes well, it could launch by 15th July. Frankly, the conditions aren’t that complex and we doubt there will be any pushback in this regard.
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