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There is a Russian word образование that can mean education and formation depending on context.

It will be great if there a word in English that also can have two of those meanings. Not necessarily strictly, it's just for a part of a brand name

Google Translater gives those options on Russian образование:

• education


• formation


• forming


• generation


• schooling


• background


• build


• derivation


• composition

Can one be used? Or which is closer to requirements?

Illumination.

Intellectual illumination is one of its standard dictionary definitions.

The term is associated with philosophical and religious themes, so if your project is high-minded in some sense, it might be a good fit.

For a more secular term associated with a great historical movement, there is also enlightenment.

The advantage of illumination is that it requires an illuminator, and it fits nicely into a variety of expressions that you can form around the idea of bringing light to a person’s mind.

Some examples of how you'd use education and formation would be helpful, especially since formation is quite an abstract word. Some examples of using образование and translations of those examples into English would also be good.

Until then I suggest upbringing. According to Cambridge Online:

Upbringing: noun: The way one is treated and educated when young, especially by their parents, especially in relation to the effect that this has on how they behave and make moral decisions.

This has connotations of education as well as formation (of character and moral standards). It cannot however refer to specific pieces or places of education. "My upbringing was strict" is a correct use but, "My upbringing was at St John's National School" is incorrect.