The Lemelson-MIT Prize is awarded to outstanding mid-career inventors (either individual or pair), who have developed a patented product or process of significant value to society, which has been adopted for practical use, or has a high probability of being adopted. Potential nomineeds are inventors, venture capitalists, engineers, or other influential professionals in the fields of science, engineering, medical or business.

Grant or Scholarship
Core Grants
Grants for new,untested organizations and general institutional support of up to $40,000 to $45,000 for each year of eligibility: start-up