A science fair is generally a competition where contestants create a project related to science or some scientific phenomenon.
In the United States, the largest annually held science fair is the Intel International Science and Engineering Fair (ISEF). Corporations and organizations often sponsor or host science fairs, many of which offer scholarships as prizes. While these events are used mainly for public relations, many of the sponsoring companies do require a "first right of refusal" clause, allowing them to shop for new and innovative ideas. However, Intel does not make any such requirement in the ISEF. According to Science Service, which has organized the ISEF since 1950, in addition to the approximately $3 million in scholarships, tuition grants, scientific equipment, and scientific trips awarded annually at ISEF, ten to fifteen percent of finalists usually file for patents on their projects.
In Europe, there are national science fairs in most countries, such as the BT Young Scientist and Technology Exhibition in Ireland or Jugend forscht in Germany. On an international level, the European Union also sponsors the European Union Contest for Young Scientists which is held in a different country every year. Partipants come from the European Union and associated countries, such as Norway, Switzerland, the United States, Russia, and China.
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