CTP announces partnership with UNHCR, will fund 70 scholarships to refugee youth

CTP, a top five European industrial property developer, announced it has become the first supporting partner of The UN Refugee Council’s (UNHCR) Aiming Higher campaign. The campaign was launched on UNHCR’s 70th anniversary in December 2020 and aims to increase higher education among refugee youth with the support of private sector partners. CTP stepped up to the call and will provide a four-year higher education scholarships to 70 refugee youth.

“UNHCR is grateful to CTP for responding to our call to action and providing scholarships for 70 bright young refu-gees to mark the occasion of UNHCR’s 70th anniversary. University education can be hard to come by for refu-gees: to-date only 3% of refugee youth are enrolled in tertiary education. And yet, when provided with the right opportunities, refugees have the potential to become tomorrow’s leaders,” says Filippo Grandi, UN High Commis-sioner for Refugees, and adds: “These 70 scholarships funded by CTP are life-changing - not just for the students but also for their families and the communities that host them. It is our hope that other companies, foundations and individuals follow this example and invest in refugees’ futures.”

To support the Aiming Higher campaign and UNHCR’s ongoing effort to increase higher education enrolment among refugees from 3% to 15% by 2030, CTP will cover all academic expenses and an allowance to cover housing, food, local travel, and medical expenses to 70 students for next four years with their donation of EURO 735,000.

“We are happy to contribute to UNHCR’s campaign and excited to make better education achievable for talented young people who had to overcome unprecedent hardships at such young ages” says Remon Vos, CEO of CTP. “Supporting education on all levels has always been among CTP's core values, from partnerships with local organi-zations to provide schooling to underprivileged kids to our internal campaign where we finance our employees' education of their choice.”

CTP locally supports several activities centered around promoting education, such as the Tereza Maxova Foun-dation, yourchance, and Czechitas. CTP finances further education of its employees and holds a partnership with the Prague University of Economics in Real Estate and Evaluation.