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Bayer Foundation launches new round of funding

Media release

Bayer Science & Education Foundation launches new round of funding

Bayer foundation: EUR 150,000 for foreign scholarships

* Support for ambitious students of the natural sciences, engineering and medicine, and for students training to become science teachers
* Promotion of international exchange of scientific knowledge
* Applications possible online until July 31, 2009

Auckland, 1 July, 2009 - Ambitious students can now once again apply for a scholarship from the Bayer Science & Education Foundation for special study projects abroad.

The areas of study supported comprise biology, biochemistry, biotechnology, bioprocess engineering, chemistry and chemical engineering, medicine, pharmacy, physics and teacher training for scientific subjects.

The Bayer foundation makes EUR 150,000 available for this scholarship program every year. The support is open both to students in Germany planning a study-linked project abroad and to foreign students who are planning a similar venture in Germany.

The deadline for applications is July 31, 2009. Application forms are available online at www.bayer-foundations.com.

The Bayer Science & Education Foundation is thus launching the third round of the Bayer Fellowship Program through which it specifically supports the international exchange of scientific knowledge.

The scholarship programs of various Bayer foundations were combined when the foundation was set up in 2007. The new program follows the tradition of the first scholarships awarded by Carl Duisberg back in 1923. It is aimed at students with a high level of motivation, above-average grades and social commitment who are planning special study projects abroad lasting a maximum of one year and require financial support to do so. The selection is made by an independent scientific committee.

The first two funding rounds allowed a total of 44 students to participate in the new Bayer scholarship program.

Alongside the application forms, further information on the Bayer Fellowship Program and the Bayer Science & Education Foundation can also be found at
www.bayer-foundations.com


Ends


Bayer: Science For A Better Life

Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. The company’s products and services are designed to benefit people and improve their quality of life. At the same time Bayer creates value through innovation, growth and high earning power. The Group is committed to the principles of sustainable development and to its role as a socially and ethically responsible corporate citizen. Economy, ecology and social responsibility are corporate policy objectives of equal rank. In fiscal 2008, Bayer employed 108,600 people and had sales of €32.9 billion. Capital expenditures amounted to €2.0 billion, R&D expenses to €2.7 billion. For more information, go to www.bayer.com.

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