Latest news with #EuropeanUnionContestforYoungScientists
Irish Independent
26-05-2025
- Business
- Irish Independent
Payments firm Stripe replaces BT as sponsor of Young Scientist Exhibition – 20 years after founder Patrick Collison won top prize
The value of the five-year deal has not been disclosed. Stripe succeeds BT Ireland, which ended its sponsorship this year after 25 years. In 2005, Stripe co-founder Patrick Collison won the competition for a project that included the creation of a new programming language. His younger brother and Stripe's other co-founder, John, also won a category award at the event. Stripe is now worth $91.5bn (€80.5bn), the most valuable company ever created by Irish founders. '[This] is a special institution for me and John,' Mr Collison said. 'It amplified our curiosity and reinforced our confidence at a critical juncture. We're honoured that Stripe has been selected to help preserve it for generations to come.' 'It's very rare to find a youth science event that captures the imagination of a whole country The competition is in its 60th year, founded by Dr Tony Scott and Rev Dr Tom Burke in 1965. With an average of more than 40,000 visitors each year, the annual winners participate in international events such as the European Union Contest for Young Scientists. The sponsorship deal was the subject of a competitive selection process, according to the YSTE. '[Stripe's] support ensures we can continue to inspire the next generation of scientists, technologists, engineers and innovators,' co-founder Dr Scott said. 'It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds in new and meaningful ways for years to come.' The online entry system for the 2026 Young Scientist & Technology Exhibition, open to secondary school students aged 12 to 19, is open for submissions. Deadlines for submissions, the organisation says, will close on September 26 of this year. 'It's very rare to find a youth science event that captures the imagination of a whole country,' Eileen O'Mara, Stripe's chief revenue officer, said. 'YSTE propels many students into a lifelong career in Stem and strengthens Ireland's science and technology ecosystem. We are delighted to be chosen as title sponsors of the exhibition and look forward to working with the YSTE team and board to continue inspiring young people with the power of science.'
Irish Independent
26-05-2025
- Business
- Irish Independent
Payments firm Stripe announced as new sponsor of Young Scientist competition in undisclosed five-year deal
The value of the five-year deal has not been disclosed. Stripe succeeds BT Ireland, which ended its sponsorship this year after 25 years. In 2005, Stripe co-founder Patrick Collison won the competition for a project that included the creation of a new programming language. His younger brother and Stripe's other co-founder, John, also won a category award at the event. Stripe is now worth $91.5bn (€80.5bn), the most valuable company ever created by Irish founders. '[This] is a special institution for me and John,' said Mr Collison. 'It amplified our curiosity and reinforced our confidence at a critical juncture. We're honoured that Stripe has been selected to help preserve it for generations to come.' The competition is in its 60th year, founded by Dr Tony Scott and Rev Dr Tom Burke in 1965. With an average of more than 40,000 visitors each year, the annual winners participate in international events such as the European Union Contest for Young Scientists. It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds The sponsorship deal was the subject of a competitive selection process, according to the YSTE. '[Stripe's] support ensures we can continue to inspire the next generation of scientists, technologists, engineers and innovators,' said co-founder Dr Scott. 'It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds in new and meaningful ways for years to come.' The online entry system for the 2026 Young Scientist & Technology Exhibition, open to secondary school students aged 12 to 19, is open for submissions. Deadlines for submissions, the organisation says, will close on September 26 of this year. 'It's very rare to find a youth science event that captures the imagination of a whole country,' said Eileen O'Mara, Stripe's chief revenue officer. 'YSTE propels many students into a lifelong career in Stem and strengthens Ireland's science and technology ecosystem. 'We are delighted to be chosen as title sponsors of the exhibition and look forward to working with the YSTE team and board to continue inspiring young people with the power of science.'
RTÉ News
25-05-2025
- Business
- RTÉ News
Stripe announced as new sponsor of Young Scientist Exhibition
Financial services company Stripe has been announced as the new title sponsor of the Young Scientist & Technology Exhibition (YSTE). In February, BT said that after 25 years it was stepping down as organiser and main sponsor of the event. Stripe Co-founder Patrick Collison is a former Young Scientist winner and his brother John won a category award at the exhibition. Their company has signed a 5-year sponsorship agreement following a competitive selection process. The board of the Young Scientist & Technology Exhibition said Stripe was chosen for its clear vision for the contest, its multi-year sponsorship commitment, and its ability to support the large volunteer force required for the delivery of an exhibition and event of this scale. "YSTE is a special institution for me and John," said Patrick Collison, Co-founder and CEO of Stripe. "It amplified our curiosity and reinforced our confidence at a critical juncture." "We're honoured that Stripe has been selected to help preserve it for generations to come," Mr Collison said. Founded by Dr Tony Scott and Rev Dr Tom Burke in 1965, the Young Scientist & Technology Exhibition showcases projects from secondary school students in the areas of science, technology, engineering and maths (STEM). It attracts over 40,000 visitors making it one of the biggest events of its kind both in Europe and worldwide. The winners of the contest advance to participate in prestigious international events such as the European Union Contest for Young Scientists. Professor Pat Guiry, Chairperson of the Young Scientist & Technology Exhibition Board congratulated Stripe on their selection as the new title sponsor. "What really struck the board was the level of commitment and passion Stripe displayed in wanting to honour the legacy and vision that Dr Tony Scott and Rev Dr Tom Burke created more than sixty years ago," Professor Guiry said. "Collaborating with BT Ireland has been a true privilege for our board and their dedication in shaping the exhibition into what it is today has been nothing short of inspiring." "While they leave a remarkable legacy, we are confident that Stripe will be exceptional partners in the years ahead, not only given Stripe's global reputation as a leader in tech innovation, but also given its strong connection to YSTE through Patrick and John Collison, who are both past participants in the competition, with Patrick taking home the overall top prize in 2005," he added. Minister for Education Helen McEntee thanked BT Ireland for their involvement with the event for over 25 years. "We look forward to continuing our strategic partnership with the YTSE and working with Stripe as they continue to empower students to embrace new ideas, foster curiosity and encourage a love of learning," Ms McEntee said. Dr Tony Scott, Co-founder of the Young Scientist & Technology Exhibition, said the support of Stripe ensures the event can continue to inspire the next generation of scientists, technologists, engineers, and innovators. "It's vital that we not only sustain the strong reputation and level of interest in the exhibition year-on-year, but continue to evolve and engage young inquiring minds in new and meaningful ways for years to come," Dr Scott said. The online entry system for next year's Young Scientist & Technology Exhibition is now open. It will take place from 7 - 10 January 2026 and the deadline for submissions is 26 September 2025.
