New co-op opportunity in Crete
By: Abigail Raymond
Issue date: 6/2/06 Section: News
Originally published: 6/2/06 at 10:07 AM EST
Last update: 6/7/06 at 12:11 AM EST
Originally published: 6/2/06 at 10:07 AM EST
Last update: 6/7/06 at 12:11 AM EST
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"I think that it would be a great opportunity to get to travel to Greece and spend six months there," said Kurt Sparandero, a pre-junior majoring in mechanical engineering. "It would be a lot of fun, but perhaps a little difficult to balance learning, working and enjoying all that Greece has to offer,"
The obvious advantages of participating in this program include getting to travel to and live in Crete for six months. The stipend is also an advantage, because it frees students to take jobs that may be unpaid, which they might not be able to do otherwise. This allows them to get "global market experience," according to Sobel.
Vidalakis donated $1 million to the University to get the program started because of his previous acquaintance with Papadakis. Both men are of Cretan descent.
"I first met Dr. Vidalakis five years ago and we became good friends," Papadakis told The Triangle. "He has no connection to Drexel, but he likes what we have done with the University. So, when I asked him a year ago to help me give an international flavor to our co-op program by creating an endowment that would financially assist Drexel students to co-op on the island of Crete, he readily agreed by establishing the Vidalakis Family Cretan Scholars Program."
The Vidalakis family has long supported Cretan causes. Vidalakis is founder, chairman of the board and CEO of the Vidalakis Family Partnerships. This is a group of private companies that develop and operate large commercial shopping centers, invest in securities and fund many different private ventures. He has either founded or co-founded more than 25 companies as a part of these partnerships.
The obvious advantages of participating in this program include getting to travel to and live in Crete for six months. The stipend is also an advantage, because it frees students to take jobs that may be unpaid, which they might not be able to do otherwise. This allows them to get "global market experience," according to Sobel.
Vidalakis donated $1 million to the University to get the program started because of his previous acquaintance with Papadakis. Both men are of Cretan descent.
"I first met Dr. Vidalakis five years ago and we became good friends," Papadakis told The Triangle. "He has no connection to Drexel, but he likes what we have done with the University. So, when I asked him a year ago to help me give an international flavor to our co-op program by creating an endowment that would financially assist Drexel students to co-op on the island of Crete, he readily agreed by establishing the Vidalakis Family Cretan Scholars Program."
The Vidalakis family has long supported Cretan causes. Vidalakis is founder, chairman of the board and CEO of the Vidalakis Family Partnerships. This is a group of private companies that develop and operate large commercial shopping centers, invest in securities and fund many different private ventures. He has either founded or co-founded more than 25 companies as a part of these partnerships.


