Singapore BIGO Technology Donates Scholarship Fund valued at $500,000
3 June 2019
Exclusively for NTU Computer Science Graduating Students
BIGO Technology has generously created the BIGO Excellence Scholarship Fund for Nanyang Technological University, School of Computer Science and Engineering and School of Data Science and AI. The value of the scholarship fund is $500,000. The named fund will exist into perpetuity and will go towards funding two (2) graduating students a sum of $10,000 each, for every year starting 2020 from either school.
Beyond the scholarship, BIGO has also taken steps to actively engage budding young talent in the universities through intensive practicum sessions and internships, going so far as to hire these interns as permanent staff should their performance be satisfactory. In addition to that, the scholarship will go to deserving students who have a high GPA and aptitude. What makes the internship unique at BIGO is that they offer an opportunity to visit any of the 20 offices around the world as part of the internship experience.
BIGO Technology is looking to increase the total number of technical hires to around 500 by the end of 2021 and expects to ignite interest in NTU students to explore the possibility of working at BIGO. BIGO's President Jason Hu says "Given the dynamic Singapore IT and AI landscape, we are anxious to groom and retain young talents for BIGO. We are looking at a holistic solution for students; not only are we an answer to the financing solution, internship practicum solution but the employment solution as well. Our global internship plan will widely expand the student's global perspective and deepen their understanding of local cultures and how technology can enhance communication and break down barriers."
Liza Boffen-Yordanov, Executive Director of NTU’s Development Office adds "BIGO's donation is significant not just because of the monetary value, but also because of the expert level opportunity and interaction it gives our students. The "start-to-finish" type of involvement is testament of their commitment towards NTU's growing AI capabilities not only within the University but to the whole tech community and industry in Singapore."
As witnesses for the signing ceremony, AI Singapore and EDB also sat on the panel discussion with NTU students, moderated by Professor Miao Chunyan, the Chair for School of Computer Science and Engineering. The panel discourse focused on the current position of AI in Singapore, how it has impacted lives, and how it can further impact and enhance lives. Students were able to openly discuss with BIGO AI experts and representatives of the government their concerns and were able to glean valuable insights about the industry.
In a move to expand and upgrade the level of AI technical experts in Singapore, BIGO has also put in place an intensive training programme named "BIGO Global Association Trainee Programme" that is slated to run year on year, for a period of 12 months. These trainees will be able to interact directly with BIGO AI experts and scientists from around the world.
BIGO hopes that with the scholarship and holistic approach, they will be able generate an ecosystem for IT related experts in Singapore, giving more dimension to the landscape here. This will in turn attract more talent from around the world, allowing for a more vibrant and conducive platform for skills transference and interaction.