From the Penguin Books website:

Penguin Books, the world’s best known publishing company, is delighted to launch a newly established diversity traineeship for 2010. The Fellowship has been founded to honour the work that Helen Fraser, recently retired Managing Director of Penguin Books, has done to address the issue of diversity within the company. The Fellowship aims to identify, encourage, and train editorial talent within Britain’s black and ethnic minority community.

Details on how to apply can be found here. Closing date for applications: 12th of March, 2010.