Liberty Bank became an official partner of Millennium Innovations Award. Millennium Innovations Award implemented by Millennium Foundation is a national wide competition for 13-18 years old students from Georgian public and private schools. The competition which will be run for eight consecutive year is implemented with the financial support of the US Embassy in Georgia and aims to foster innovation and new technologies among Georgian youth.
The winning team will participate in the Space Center University summer camp at NASA Houston Space Center in the USA. The second and third places winners will also participate in international STEM camps and/or will be awarded with different prizes.
"The Millennium Innovations Award founded in 2014 has already become a traditional competition in Georgia. The interest of young people as well as new partners in the competition is growing every year. The competition serves to increase the interest of young people in science and technology (STEM fields) and encourage the development of innovative ideas and projects. Most of the participants of the competition continue their education in STEM disciplines, which we believe is extremely important for the future development of our country, since there is a high demand for qualified professionals in these fields. This year, a new strategic partner - Liberty Bank has joined us. We are confident that together with our partners, we will be able to further develop the competition and support our youth's future aspirations", - said Magda Magradze, Executive Director of the Millennium Foundation.
"It is a great honour for Liberty to become a partner of the Millennium Innovations Award. Our cooperation is primarily based on the alignment of our values, which is especially important to achieve common goal - to help young people gain knowledge and increase their interest in future professions. One of the main priorities of Liberty's new strategy is to support education, and we think that this partnership will further strengthen the education of talented, young people living in the regions who are looking for innovative ideas. We are excited to meet and befriend interesting people from the Millennium Foundation's team. The Liberty team is ready to invest all its resources in the most important goal - to promote education of the next generation, "- said Vasil Khodeli, CEO of Liberty Bank.
The students who want to participate in the competition must be born between the period of April 2, 2005 through April 1, 2009 and submit their innovative projects in Science, Technology, Engineering and Math (STEM) disciplines in the following sub-categories: Space and Aviation, Robotics, Applied Technologies and Applications, Environment, Healthcare and Nutrition. The submitted projects is evaluated by the independent evaluation panel.
The traditional partners of the competition are Georgian Innovation and Technology Agency (GITA) and Sakpatenti. The program is implemented in partnership with the Ministry of Education and Science of Georgia.
The competition consists of several stages. Deadline for application submission is March 25, 2022. You can download the competition terms and application form here.
