Every year, talented students share ideas, showcase cutting-edge science, and compete for more than USD 4 million in awards and scholarships. Sponsorship of the International Science and Engineering Fair is one aspect of Intel's multi-year, multi-million dollar global commitment to education. Since Intel became the prime sponsor of the fair in 1996, the number of finalists has grown by 40 percent to include more than 1,500 students and the number of participating countries, regions and territories has grown by more than 70 percent.
Intel has long been committed to promoting math and science education. In the past decade alone, Intel has invested $1 billion worldwide to improve education. Today, Intel invests more than $100 million annually to promote education and technological literacy around the world.
The innovation of this group is underscored by the fact that in 2008, more than 20 percent of total Intel ISEF 2008 participants held or applied for patents on work they had done for the competition.