TARRYTOWN, N.Y. -- Regeneron Pharmaceuticals, Inc. is the new title sponsor of the Science Talent Search high school science competition, according to an announcement by the Society for Science & the Public.
Regeneron is committing $100 million to support the Science Talent Search and other Society programs through 2026 and will assume title sponsorship of the competition effectively immediately, the release said.
As part of its commitment, Regeneron is nearly doubling the overall award distribution to $3.1 million annually, increasing the top award to $250,000, and doubling the awards for the top 300 young scientists and their schools to $2,000 each.
The new sponsorship was celebrated at the American Museum of Natural History and can be viewed via webcast at http://edge.media-server.com/m/go/sciencetalentsearch .
"The commitment that Regeneron has made to the Society for Science & the Public and our storied program is extraordinary," said Maya Ajmera, President and CEO of the Society, Publisher of Science News and an alumna of the 1985 Science Talent Search.
The Science Talent Search competition receives more than 1,800 applications each year from high school seniors across the country.
Entrants vie to be honored as one of the nation's top 300 young scientists, from which 40 finalists are selected for a week-long competition in Washington, D.C.