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Dr Charles CHEN Yidan Launches The Yidan Prize Ceremony Officiated by Hong Kong Financial Secretary John Tsang
2016.5.23

World's biggest education accolade to award annual prizes totaling HK$60 million (about US$7.6 million),
half of which will fund ground-breaking education research and development initiatives

22 May 2016, Hong Kong – The Yidan Prize today unveiled the world’s largest education awards scheme. Over 200 education experts, policy makers, business leaders, philanthropists and diplomats, and international media attended the Prize’s official launch ceremony at the Kowloon Shangri-La in Hong Kong.

Initiated by the core founder of Tencent Holdings Ltd Charles Chen Yidan, the Yidan Prize is set to transform global education. Launch ceremony guests of honor, from left to right:

Clive Lee, chief operating officer of Chen Yidan Foundation
Dr Qian Tang, chairman of the Global Advisory Board, assistant director-general for education at UNESCO
Charles Chen Yidan, founder of the Yidan Prize, core founder of Tencent Holdings Limited
John Tsang Chun-wah, Financial Secretary of the Hong Kong SAR government, GBM, JP
Dr Koichiro Matsuura, chairman of the Judging Committee, former director-general of UNESCO
Professor Paul Chu Ching-wu, panel head of the Yidan Prize for Education Research, professor of physics, T. L. L. Temple of Science of University of Houston
Dorothy K Gordon, director-general, panel head of the Yidan Prize for Education Development, Ghana-India Kofi Annan Centre of Excellence in ICT

“Education is certainly the most powerful equalizer that drives our society forward, sustaining the growth of each and every modern economy,” John Tsang Chun-wah, Financial Secretary of the Hong Kong SAR government, GBM, JP, said at today’s launch ceremony. “Education is more than just critical investment in human capital, it is also the most rewarding investment in humanity.”

“The Prize recognizes and supports agents of change whose work transforms education in a sustainable way, and encourages innovative approaches to education research and development,” said Charles Chen Yidan, founder of the Yidan Prize, at today’s launch ceremony. “Through education, we can help tomorrow’s global citizens shine and create a better world.”

The Yidan Prize’s official launch ceremony, held today at the Kowloon Shangri-La in Hong Kong, included a panel discussion on the future of education, moderated by Christopher Clague, senior editor of the Economist Intelligence Unit (EIU). To quantify the challenges and opportunities in expanding and improving access to education, furnishing students with the skills they need, and leveraging technology in education, The Yidan Prize commissioned the EIU to conduct a research project,Yidan Prize Forecast, Education to 2030, which identifies five global education indicators across 25 economies.

 

 

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Notes to editors:

About Yidan Prize

The Yidan Prize is founded by the core founder of Tencent Holdings Limited. The Prize aims to recognize and support change makers for their most forward looking innovation that can create sustainable impacts on education systems for a better future. The Prize comprises two categories – the Yidan Prize for Education Research and the Yidan Prize for Education Development. The Prize is financed and governed by a HK$2.5 billion (about US$320 million) independent trust. Each prize carries an award of HK$30 million (about US$3.87 million), with a cash award of HK$15 million (about US$1.9 million), and another HK$15 million (about US$1.9 million) impact investment, and a gold medal. Through a series of initiatives, the prize serves to provide a platform that allows the global community to engage in conversation around education and to play a role in education philanthropy. For more information, please visit www.yidanprize.org.

 

Media contact:

media@yidanprize.org

 

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