The Millennium Technology Prize is Finland's tribute to innovations for a better life.
The Millennium Technology Prize highlights the extensive impact of science and innovation on the well-being of society. The Prize is one million euros and awarded every second year by Technology Academy Finland, an independent foundation.
The Millennium Technology Prize is awarded for groundbreaking technological innovations that benefit millions of people around the world by:
- enhancing quality of life
- promoting sustainable development and mitigation of climate change
- generating applications with global commercial viability
- creating new socioeconomic value
- stimulating further cutting-edge research and development in science and technology
The Millennium Technology Prize, first awarded in 2004, was established jointly by the Republic of Finland and various academic institutions and high-tech industries. The Patron of the Prize is the President of the Republic of Finland.
A global prize from Finland
The Millennium Technology Prize encourages further cutting-edge research and development and is thus not intended as a reward for lifetime achievement. The Prize highlights the Finnish practical and solution-focused mindset – one of the greatest strengths of Finland – to the whole world.
In a global world, people’s lives are affected by common problems and solutions. It is therefore also essential that a Finnish prize can be awarded to anywhere in the world. Nominations for the Prize can be made by science academies, universities, research institutes and industrial organizations.
The prize is awarded every second year, the next time on 26 May 2020.
The call for 2020 Millennium Technology Prize nominations is open from 1 April to 31 July, 2019. Nominations for the Prize are invited from organizations around the world and from all fields of technology, excluding military technology.