The main objectives and aims of the Scientific and Engineering Competition "Scientists of the Future" are the promotion of scientific knowledge, the identification and development of students' creative abilities and interest in the study of mathematics, physics, computer science, chemistry, biology and life sciences, earth sciences, technology and engineering, the creation of the requisite conditions for intellectual development, the support of gifted children, including among other things, assistance to schoolchildren with vocational guidance and continuing education.
Since 2010, the competition has been held at the site of the annual Russian Science Festival. In 2017, it was organized by the Ministry of Education and Science of the Russian Federation, the M.V. Lomonosov Moscow State University, the I.I. Polzunov Altai State Technical University with the support of the Andrey Melnichenko Foundation and the Siberian Generating Company.