Supporting education is the best way to invest in the development of the country

“Personally, I believe that education is the smartest investment in the development of the country. The goal of my activities has never been profit, but the thirst for knowledge and the desire to use that knowledge for noble and useful purposes. I want to provide young people with a better environment for education and learning so that one day, they will be able to share their knowledge with their colleagues and heirs. Education must be of good quality and free of charge, because educated nations have the greatest potential for raising the country’s competitiveness,” he said. Aleksandar Kavčić, winner of the award for individual contribution to philanthropy for 2020.

Motivated to contribute to this purpose and provide free textbooks to every student in Serbia, Aleksandar Kavčić invested almost 1 million euros to purchase an annual circulation of a set of textbooks, which he later published on the Internet and made available for free download and use.

This former brilliant student of the Mathematics High School in Belgrade was personally involved in the procurement of computers for schools in Serbia and every textbook. In 2021, his contribution to science and education was also recognized at the regional level when he received the SIGN network award. Professor Kavčić is known for his patented invention of the magnetic reader, which is now used in billions of computers worldwide. His foundation, Alek Kavčić, was founded in the USA and has been active since 2017 .