£5 million education prize launched

The world’s largest education prize has been launched offering a total of HK$60 million, around £5 million, to fund education research and development initiatives.

The Yidan Prize is funded by Charles Chen Yidan, the core founder of Tencent Holdings Ltd., and will be divided into two categories - The Yidan Prize for Education Research and The Yidan Prize for Education Development.

The scheme is calling for nominations across the world for the inaugural awards, with winners expected to be announced in September 2017.

Charles Chen Yidan said: "The Prize recognises and supports agents of change whose work transforms education in a sustainable way, and encourages innovative approaches to education research and development. It is intended to ignite constructive and inclusive dialogue around education. Through education, we can help tomorrow's global citizens shine and create a better world."

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