Community Support & Scholarships
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In addition to its community philosophy, the Labrador Shrimp Company, has a long-standing commitment to the communities in which they operate. As the LFUSC has expanded over the years, so too has its community support. Through donations, sponsorships, and an annual scholarship program, the Labrador Shrimp Company is a significant contributor to the community.

Labrador Shrimp Company's community support strategy recognizes the role of the company as a key player in the economic sustainability of the Southern Labrador region. LFUSC has contributed to a variety of individuals, community groups, teams, community and regional events and regional economic initiatives. The Company has always aimed to be supportive in ways that are most relevant to local communities.

In 1984, the Bank of Montreal decided to close its operations in the region. Local groups and residents took action and decided to establish a credit union. LFUSC became one of the founding supporters of this credit union by providing the initial investment to enable startup operations. Today, the Eagle River Credit Union is one of Canada's most successful credit unions with seven branches and more than $95,000,000 in assets.
 
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MV Thor Trawl Memorial Scholarship
Labrador Shrimp Company created the MV Thor Trawl Memorial Scholarship in memory of crew members Jonathon Barney, Raymond Bartlett, Stephen Fowler, Perry Letto, Leroy Poole and Allister Fowler following a tragic plane crash in 1990.

The MV Thor Trawl Memorial Scholarship is awarded on an annual basis to two students: One student from (L'anse au Clair to Red Bay), and one student from (Lodge Bay to Cartwright). These scholarships are valued at $2500.00 each and awarded to students who have achieved the highest academic standing as per criteria set out by Memorial University of Newfoundland. More information on Memorial University's entrance scholarship can be found
here

A complete listing of scholarship recipients can be found here.
 
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2015 Recipient, Tamara Belben presenting James Hudson with highest average in Science Scholarship.
Math & Science Scholarships
With a special focus on education, the Labrador Shrimp Company introduced two new scholarships in 2011 valued at $250 each. These scholarships are awarded to students of the Labrador Straits Academy and aim to inspire students who have an interest in math and science. One scholarship is awarded for academic achievement in math and the other for achievement in science.

Congratulations to the 2016 Recipients: James Hudson (Science) and Hayley Parsons (Math)