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The largest annually held science fair in the world is the Intel International Science and Engineering Fair (ISEF), held in the United States. Corporations and organisations 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.The largest annually held science fair in the world is the Intel International Science and Engineering Fair (ISEF), held in the United States. Corporations and organisations 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.
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