Wanting to systematically demonstrate the state’s care for young people and their future, the Government of the Republic of Serbia established the Fund for Young Talents in August 2008 under the jurisdiction of the Ministry of Youth and Sports. The Fund for Young Talent annually grants and awards over 3,300 high school students and students. Since the day it was established, the Fund has awarded over 31,200 awards and scholarships to students and high school students, and over 8.3 billion dinars (gross) have been spent for these purposes.