Thanks to the generous support of our donors, the NAMA Foundation is happy to offer a variety of scholarship programs to help NAMA members, their employees and families pursue continuing education opportunities within the industry and beyond.
NAMA Scholars Program
In support of NAMA’s goal to be the premier knowledge source for the vending and refreshment services industry, the NAMA Foundation is pleased to offer a scholarship program designed exclusively for senior-level NAMA members and their employees interested in broadening their industry knowledge and leadership skills through NAMA’s education programs.
In 2016, the Foundation will award three (3) scholarships to the NAMA Executive Development Program (EDP) at MichiganStateUniversity, October 23-27, 2016.
Designed to help emerging leaders to think like the CEO/Owner and to move a company to the next level in the competitive marketplace, EDP will also provide attendees with techniques for growing business revenue, solving complex business problems and enhancing personal leadership skills.
Scholarships cover program registration fees ($3,375 value) and provide a $500 stipend to help cover attendee travel expenses.
- Applicant must currently hold a position of senior-level manager or higher and preferably have been involved in the vending or refreshment services industry for 5 or more years.
- Must be a full-time employee of a NAMA member company in good standing.
- Applicant must provide a letter of recommendation from his/her manager.
NAMA Foundation Undergraduate Scholarship Program
In support of NAMA's goal to be the premier knowledge source for the vending and refreshment services industry, the Foundation of the National Automatic Merchandising Association (NAMA Foundation) is pleased to carry on the long-standing benefit of awarding undergraduate educational scholarships to children/ legal dependents of NAMA members and their employees who have, or aspire to establish, a career in the vending and refreshment services industry.
In 2015, the NAMA Foundation will award three (3) non-renewable $2,500 scholarships to be applied to tuition and fees for the 2016 spring semester.
The applicant must meet the following criteria:
- Be a full-time employee (minimum of 40 hours per week) or the child/legal dependent of a full-time employee of a NAMA member company in good standing.
- Be a graduating high school senior or student enrolled full-time (minimum of 12 credit hours per semester), OR full-time employee enrolled part-time, in an undergraduate program at an accredited college or university.
- Maintain and verify a cumulative GPA of 2.5 on a 4.0 scale, or equivalent.*
*GPA requirement does not apply to individuals currently employed full-time by a NAMA member company and not yet enrolled as a student.
Applications are now closed for the 2016 school year. Check back in August 2016 for the 2017 application.
The NAMA Endowed Professorship
In 1999, the Foundation is embarked on a major initiative - an "Endowed Professorship" at The School of Hospitality Business in the Eli Broad College of Business, Michigan State University (MSU). The MSU Hospitality Program is arguably ranked number 1 or 2 in the United States. The faculty is among the most honored and influential in the world and are sought after as industry consultants.
The NAMA Endowed Professor will teach vending courses, foster practical research addressing critical vending industry issues and assist NAMA efforts in educating industry managers, executives and owners. Specific benefits to our industry include:
- Raise the visibility of NAMA and promote the vending industry.
- Design executive development courses.
- Initiate a "Better Business Strategic Summit" for operators, manufactures and suppliers.
- Teach undergraduate and graduate courses.
- Coordinate an annual NAMA Lecture Series.
- Research ways to "de-commodotize" products and increase value.
- Research strategies to better understand the marketplace and identify new markets.
- Research technology issues and offer solutions.
- Publish practical research findings.
- Established internship opportunities with NAMA members.
- Serve on NAMA committees and task forces.
- Advise and assist in upgrading NAMA educational materials and cirriculum design.
- Provide NAMA member access to expertise in Hospitality Business, Supply.
- Chain Management, Executive Development and Career Planning and Placement.
In short, MSU will assist NAMA in taking the vending and foodservice industry into the next century, improve the image of the industry overall, educate the industry, raise awareness and benefits of the industry, prepare the next generation of vending leaders and help to increase membership in NAMA.