Students present their project at the kick-off event for the 2017 / 2018 Würth Education Prize. (Photo: Peter Petter / Würth archive)

Prof. Dr. h. c. mult. Reinhold Würth is committed to promoting financial literacy among young people. The entrepreneur set up the Competence Center for Economic Education in 2005 under the umbrella of the Würth Foundation. The Competence Center for Economic Education aims to improve knowledge of economic processes and entrepreneurial spirit among pupils and teachers alike and to get the participants interested in economic issues. The Competence Center for Economic Education cooperates closely with the Ministry of Education and Cultural Affairs, Youth and Sports of Baden-Württemberg to help schools raise these issues in class.

The main activities of the Competence Center for Economic Education include the Würth Education Prize, a prize awarded to schools in Baden-Württemberg for outstanding projects in the field of economics, a company placement program and the secondary technical school prize (Werk­realschulpreis), a prize awarded at the state level for outstanding achievements, as well as the annual Management Symposium that addresses interesting topical issues from the worlds of school and business.