The Rolex Awards for Enterprise supports pioneering work in five areas: applied technology, cultural heritage, environment, exploration and discovery, and science and health. Projects from all over the world are assessed on their originality, potential for impact, feasibility, and, above all, on the candidates own spirit of enterprise. Awards Laureates between 50,000 to 100,000 Swiss francs to advance their projects, worldwide publicity, and a Rolex chronometer.
Competition
MIT $500K Lemelson-MIT Prize
The Lemelson-MIT Prize is awarded to outstanding mid-career inventors (either individual or pair), who have developed a patented product or
