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InnoCentive to Sponsor Virtual Scientific Competitions in China.


Business Editors

BEIJING, China--(BUSINESS WIRE)--Feb. 24, 2004

China's National Natural Sciences Foundation and InnoCentive Give

Graduate Students Opportunity to Win USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 $500 Scholarship by

Solving Scientific Challenges

InnoCentive today announced the sponsorship of a virtual scientific competition for graduate students in China studying biology and chemistry. Jointly sponsored with the National Natural Sciences Foundation of China (NSFC NSFC National Small Flows Clearinghouse
NSFC National Natural Science Foundation of China
NSFC National Society of Film Critics
NSFC National Science Foundation of China
NSFC North Shore Fencers Club (Long Island, New York) 
), the competition provides graduate students from leading universities in China with the opportunity to solve intellectual scientific challenges and win a USD $500 scholarship for the winning solutions. InnoCentive Vice President of Marketing Ali Hussein Ali Saddam Hussein al-Tikriti (Arabic: علي صدام حسين التكريتي, born 1983) is the supposed third son of Saddam Hussein, whose mother is Samira Shahbandar, Saddam's  debuted the Web site for the virtual scientific competition at a press conference.

Scientists from InnoCentive and the NSFC and professors at Peking University Peking University: see Beijing University.
Peking University
 or Beijing University

One of the oldest and most important institutions of higher education in China.
, Fudan University Fudan University (Simplified Chinese: 复旦大学; Traditional Chinese: 復旦大學; Pinyin: Fùdàn Dàxué  and other institutions will develop scientific questions in biology and chemistry. Students can register at InnoCentive's online forum (www.innocentive.com) and will be able to view the problems and submit solutions. The first two students who solve the problems correctly will be granted the scholarships. The first scientific competition will be held on March 1-12, 2004.

"The National Natural Sciences Foundation of China is dedicated to accelerating the progress of science and technology and honing Honing could refer to
  • Improving surface finish & geometry using a Hone
  • the practice of sharpening
  • Honing, Norfolk
 the intellectual skills of China's future scientists," said Yuan Youxin, Director-General of International Exchange at the NSFC. "InnoCentive's multinational, innovation-driven model offers exciting opportunities and awards to Chinese scientists."

"China continues to be a global powerhouse of scientific innovation, and we are thrilled to be in Beijing formally cementing our relationship with the NSFC, one of China's preeminent pre·em·i·nent or pre-em·i·nent  
adj.
Superior to or notable above all others; outstanding. See Synonyms at dominant, noted.



[Middle English, from Latin prae
 organizations for identifying and fostering talented scientists," said Darren J. Carroll, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of InnoCentive. "In addition, the monthly scholarships that InnoCentive will be awarding reflect our commitment to China's future scientific leaders and we are delighted to help them further advance their studies."

"In addition to co-sponsoring the scientific competitions for students, we are honored to introduce the NSFC as the newest member of InnoCentive's global scientific community," said Ali Hussein, vice president of Marketing at InnoCentive. "As members of InnoCentive's Solver community, members of the NSFC will have the opportunity to work on scientific challenges posted by the world's leading corporations and gain scientific recognition and reward."

InnoCentive is the first online forum that brings together leading global corporations and scientists from across the globe to solve tough research and development (R&D) challenges. Global companies including BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California)
BASF Badische Anilin und Soda Fabrik (German chemical products company)
BASF Builders Association of South Florida
, Dow Chemical, Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. , and Procter & Gamble, which collectively spend billions of dollars on R&D, post their tough scientific problems confidentially on the InnoCentive Web site where leading scientists and scientific organizations located in more than 150 countries can solve them. Scientists who deliver solutions that best meet InnoCentive's Challenge requirements receive a financial award for their work, ranging up to USD $100,000.

About InnoCentive

InnoCentive is the first online forum that allows world-class scientists and science-based companies to collaborate in a global scientific community to achieve innovative solutions to complex challenges. InnoCentive is an e-business company of Eli Lilly and Company, a leading innovation-driven pharmaceutical company. To learn more, visit the InnoCentive Web site at www.innocentive.com.

InnoCentive and InnoCentive Challenge are registered trademarks of InnoCentive, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 24, 2004
Words:542
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