Lana Del Rey is to hand out $100,000 grants to "innovative thinkers" as part of a new technology contest.

The Video Games hitmaker will assign the donations to groups in the States and Europe who come up with impressive ways to advance technology.

Del Rey announced the competition on her Twitter.com page on Wednesday (13Feb13) writing, "Submissions begin next week for our institute of innovative thinkers.

"We're donating $100,000 in America and $100,000 in Europe to 10 groups of people in each territory with innovative ideas aimed at forwarding technology and improving sustainability."

More details will be announced next week (beg18Feb13).