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Martin Lightsey Scholarship for Technical Education

The Martin Lightsey Scholarship for Technical Education was established to honor Martin Lightsey and all he achieved in the creation and subsequent success of Specialty Blades, Inc. (Cadence, Inc.), upon his stepping down as CEO of the company in 2002.


The Martin Lightsey Scholarship for Technical Education was established in 2002 to provide funds for college scholarships to seniors residing in Staunton, Waynesboro and Augusta County, who intend to pursue or are currently pursuing technical education at a two-year or four-year college. Examples of technical education include but are not limited to degrees in engineering, math, chemistry, physics, computer sciences, statistics, and architecture and associate studies in areas such as quality control, process technology, manufacturing technology, machining, electrical and mechanical operations, and information technology.

Cadence, Inc. and the honoree of this scholarship, Martin Lightsey, value the many possible choices in the pursuit of technical education and careers.  Many professional roles in the manufacturing sector require highly-specialized training, much of which can be obtained through community colleges.  As such, Cadence Inc. and Mr. Lightsey welcome scholarship applications from students pursuing specific industry credentials, associate degrees, and bachelor degrees.


  • An eligible applicant must reside in Staunton, Waynesboro, or Augusta County.
  • An eligible applicant must demonstrate financial need, community service, and leadership.
  • An eligible applicant must plan to further his/her education in a technical field.
  • An eligible student must be a candidate for high school graduation at the end of the current academic year with plans to pursue a licensure/certification, two-year degree, or four-year degree in the continental United States the following academic year.

Selection Criteria Used by the Selection Committee

  • Academic Merit- (minimum 2.5 G.P.A. on a 4.0 scale)
  • Financial need
  • Community service activities
  • Leadership ability
  • The candidate will be selected by a Community Foundation appointed scholarship selection committee for recommendation to the Community Foundation, in accordance with the Community Foundation’s Conflict of Interest Policy.

2022 Award Amount

$500 minimum

Application Deadline

March 1, 2022

Please contact the Community Foundation at 540-213-2150 or for additional information and/or clarification.

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