Record number of nominations for the 2016 Millennium Technology Prize

Date: Thu, 09/17/2015 - 15:03

Record number of nominations for the 2016 Millennium Technology Prize

Awarded by the Technology Academy Finland (TAF), the Millennium Technology Prize is attracting ever greater attention worldwide. By the end of the 2015 nomination period, a total of 79 innovations were submitted as candidates for the one million euro prize, which will be awarded in May 2016

The number of submissions doubled from the last round (40 nominations in 2013), and the nominations encompassed 114 persons (45 in 2013), an all-time record. This round also included considerably more research teams per innovation than before. The Finnish scientific community was exceptionally active in submitting nominations. The largest number of candidates came from Europe and the United States.
As regards different fields of technology, the largest number of nominations were in material and process technologies. Health technology and biomedicine were also well represented. The nomination period was from 16 March to 31 July 2015, during which time research institutes, universities and companies from all over the world could nominate candidates for the prize.
TAF President and CEO Juha Ylä-Jääski is pleased with the results of this nomination round. “The Millennium Technology Prize enjoys great prestige in the international scientific community. We made particularly extensive use of contact networks in this round, focusing on key players in the nomination and meeting personally with university and research institution leaders in Finland and abroad. We also organised presentations of the prize in Los Angeles, CERN and Shanghai. In all this, we received invaluable help from the TAF Board as well as our partners, Aalto University in particular,” says Ylä-Jääski.
The nominations will be screened and evaluated thoroughly during the coming autumn and winter by the International Selection Committee. Its Chair, Professor Jarl-Thure Eriksson, waits eagerly for the process.
“It is great to have such a large number of candidates to assess, most of them entirely new names. Each round of evaluation is different, and no previous candidates remain on the list, unless someone nominates them again. From the very start, evaluation has focused on the innovation’s impacts on social development and the quality of life. This time around we are looking at sustainable growth in particular,” says Eriksson.
The Prize Winner will be selected by the Board of Technology Academy Finland. According to the new Chair, Professor Marja Makarow, the Millennium Technology Prize with is highly successful rounds of nomination showcases Finland as a country of high technology and demonstrates the key role of frontier research as a foundation for disruptive, commercially viable technologies.

The winner of the Millennium Technology Prize will be announced in a Prize ceremony on 24 May 2016.

Above, image credited to TAF 

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