BPIF chief executive Michael Johnson said: Our management board has rightly decided that this money needs to go to work and that the industrys need for assistance with education and training is a deserving cause.
Stephen Gilbert, director of the PCC, added: The PCC is known for its solid work among the elderly and we are keen to widen our horizons to young people. Only last week people were marching through the streets on student funding its all very well to set targets but someones got to come up with the cash.
Young people aged 18-30 who otherwise would find it difficult to begin or further their careers in print will be eligible to apply for a scholarship and the first awards are scheduled to be made in January.
Applications should be submitted by the end of November.
Contact: info@bpif.org.uk.
The PCC held its 176th annual luncheon last week at Stationers Hall in London, where it was announced that Reed Publishings Sir Jeremy Elwes will succeed former Financial Times editor Richard Lambert as president next year. Former Sun editor Kelvin MacKenzie was the guest speaker and Northcliffe Newspapers Ifor Pedley presented the PCC with a cheque for 10,000 thanks to industry sponsorship of his sailing exploits.
Story by Jo Francis