February 17, 2006 -- (WEB HOST INDUSTRY REVIEW) -- Web hosting provider Globat (globat.com) announced on Friday that it had sponsored the term paper of an MBA student, who focused on Globat’s marketing activities and industry stature in the paper.
The student, Jesse Fernandez, sought sponsorship for the term paper when his school raised its tuition fees.
"The school I am attending recently raised my tuition 17.6 percent,” says Fernandez. “That increase has made financing my education more challenging. I am excited that an industry leader like Globat decided to support my efforts and help finance my education with their purchase."
According to a Globat press release, Fernandez’s paper was graded an A+.
"As a business that helps its customers pioneer in their industries and develop and deliver new ideas daily, it seemed natural for Globat.com to support Jesse's novel idea," said Ben R. Neumann, President and CEO of Globat.com. "We think this might be the first time a company has sponsored a student for a single term paper, but I'm sure it won't be the last."
Globat says it will soon launch a series of sponsorships at the Web site www.defyinggravity.com.
Last week, Globat announced that it had begun supporting ShopSite 8.0 with its terabyte hosting packages.
