By Alex Knapp

The Society for Industrial and Applied Mathematics (SIAM) announced today that it has found a sponsor for its annual math modeling competition. Boston-based MathWorks, which creates software such as MATLAB and Simulink. The competition has been newly-named the MathWorks Math Modeling (M3) Challenge, and the three-day competition will begin on March 2 of next year.

The terms of the sponsorship haven’t been made public, but last summer, SIAM had stated it was looking for a commitment of at least 3 years for $1.2 million annually.

“We see this opportunity to support SIAM as another step in our efforts to motivate and inspire young students to consider and pursue STEM careers,” Lauren Tabolinsky, MathWorks’ academic program manager, said in a statement.

Source: MathWorks Is The New Sponsor Of High School Math Modeling Competition