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Sunday, August 25, 2013

The $500,000 Lemelson-MIT Prize

The $500,000 Lemelson-MIT Prize recognizes individuals who translate their ideas into inventions and innovations that improve the world in which we live.
Dubbed the "Oscar for Inventors," the Lemelson-MIT Prize is awarded to outstanding mid-career inventors, 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. By recognizing and funding younger, mid-career inventors, the prize is designed to spur inventive careers and provide role models for future generations of inventors.
Lemelson-MIT Prize Objectives
The Lemelson-MIT Prize seeks to highlight the pivotal role inventive activity plays in the achievement of positive social, cultural and economic goals. The objectives of the Lemelson-MIT Prize are to:
  • recognize and reward America’s outstanding mid-career inventors
  • encourage broad dissemination of invention(s) to achieve maximum impact
  • celebrate individuals who enhance economic opportunity and community well-being through their inventive work
  • foster continued inventive work that creates opportunities and overcomes challenges
  • increase awareness of the work of inventors and the potential for commercialization and wider adoption of their inventions
  • promote role models who can inspire young people to pursue creative lives and careers
Nominations are Open!
The deadline to nominate a candidate for the Lemelson-MIT Prize is Friday, November 22, 2013. 

Questions? Please contact the Lemelson-MIT Program at Lemelson_Awards@mit.edu

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