International Mathematical Olympiad vs Lemelson-MIT InvenTeams

Comparing two elite STEM opportunities. International Mathematical Olympiad is a olympiad while Lemelson-MIT InvenTeams is a competition.

International Mathematical Olympiad Lemelson-MIT InvenTeams
Prestige Tier Tier 1 — Elite Tier 2 — Highly Competitive
Type Olympiad Competition
Organization IMO Official Lemelson-MIT Program at MIT
Acceptance Rate Extremely competitive; approximately 0.01-0.1% of high school students worldwide reach IMO. For USA: ~6 students selected from 300,000+ AMC participants annually Approximately 8-10% (based on 8 teams selected annually; suggests 80-100+ applications per year, though exact applicant count not publicly available)
Applicants Approximately 5,000-6,000 contestants from 100+ countries compete at IMO annually. USA sends 6 representatives from ~300,000 AMC 10/12 participants Estimated 80-100+ schools apply annually (extrapolated from 8 selections)
Deadline Rolling
Award $7,000
Cost to Apply Free Free
US Only No / International Yes
Grades High school students only; typically grades 9-12 (ages 13-19) High school students (9-12)
College Impact Extremely positive and highly prestigious. IMO medalists (especially gold) are exceptionally rare and highly valued by top universities globally. Impact includes: (1) Gold/Silver medalists essentially... Lemelson-MIT InvenTeams is viewed very favorably in college admissions, particularly for STEM programs. Selection as an InvenTeam demonstrates: (1) exceptional innovation and problem-solving ability; ...