Chicago Mayor Rahm Emanuel will join CME Group Executive Chairman and President Terry Duffy and CEO Phupinder Gill in honoring 55 high-achieving Chicago Public School high school seniors. The students were selected based on essays they wrote about innovation, as well as their academic standing and extracurricular activities. Each student will receive a $2,000 achievement award and a select number of students also will receive summer internships at CME Group clearing firms.
To mark the 30th anniversary of this program, CME Group doubled the award amount to $2,000 scholarship per student this year. Since its inception in 1986, the CME Group Center for Innovation Mayoral Award for Student Achievement has awarded more than $1.3 million to 1,600 high achieving Chicago public school students helping them to achieve their academic goals.
The scholarship program is provided by the CME Group Center for Innovation, which was established in 2003 to create and sponsor original programming that identifies, showcases and fosters examples of significant innovation and creative thinking across multiple industries. The Center's signature program is the CME Group Melamed-Arditti Innovation Award which annually honors an individual whose innovative ideas, products or services have created significant change and improvement to markets, commerce or trade.
