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Thursday, April 02, 2009

The EconomistInnovation Awards

Economist Innovation Awards celebrate outstanding innovators in the following categories:

Bioscience: includes pharmaceuticals, biotechnology and agriculture

Business processes: enabling compounds, products, technologies or methodologies which underpin product discovery, design, or manufacturing, as well as fulfillment processes

Energy and the environment: includes energy, transportation, automotive

Social and economic innovation: novel technologies and business models that improve everyday lives (eg, microcredit)

Computing and telecommunications: includes hardware, software, security, telecommunications

Consumer products and services: may include the product, process, media or design

“No boundaries”: technology-based products or services that don't fit neatly into any of the above categories (this includes materials science, nanotechnology and other emerging fields, eg, blue-violet laser)

Criteria for selection

Nominees should be people, not companies, who are responsible for an innovation that has been a proven success in the past decade. Winners are selected based on their ideas':

• Impact on revenue of the nominee's sponsoring organisation, enterprise, or general economic or societal well-being

• Effect on a marketplace or the establishment of a new market; and

• Impact on an emerging branch of science and technology

Nomination process

Nominations are solicited from three sources: a distinguished panel of judges; Economist editors and writers; and Economist readers.

Nominations for the 2009 awards are now open and will be accepted until April 9th. Nominations from readers may be submitted by sending an e-mail or Word document to innovation@economist.com. Submissions should include the name, contact information, and current affiliation of the nominee. Submissions should explain in 200 words or less why the nominee should receive the award.

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