Fondation de l'APHM pour la formation professionnelle

The foundation aims to promote vocational training in the fields of watchmaking, microtechnology or any other similar field, in particular by awarding apprenticeship grants and study grants to the beneficiaries specified in Article 7, notably within the framework of the Federal Act on Vocational Education and Training or by providing benefits to private or public schools that are dedicated to teaching technical professions. The foundation may allocate the aforementioned benefits as soon as a significant unemployment affecting several training companies, members of the APHM, occurs. The foundation's capital and income will be exclusively used to achieve the above-mentioned purpose.