Press releases & news
Press releases | Basics Needs & Social Entrepreneurship 14.12.2012
Siemens Stiftung extends deadline for entries to the ”empowering people. Award“
The ”empowering people. Award“, launched by the Siemens Stiftung has two main objectives: firstly, to identify low-tech solutions worldwide to address challenges in basic supply issues, and secondly, to grant better access to technologies that will promote sustainable development in developing and emerging countries. The competition – launched in June this year – calls upon inventors around the globe to submit their practical innovations online for their chance to win €50,000. The Siemens Stiftung has now extended the deadline for submissions – close of the competition is now on 31.01.2013.
The Siemens Stiftung will honour the winner at the Awards Ceremony in summer 2013 with a sum of €50,000. The second prize is valued at €30,000, the third at €20,000 and a further €5,000 will be awarded to 20 runners up.
All entries will be evaluated by an expert team and submitted onto a knowledge database upon closure of the Award. The platform is designed to bring together inventors, practitioners and potential investors. By joining together resources on one central platform and enabling dialogue between different interest groups working for the same cause, the foundation aims to create a win-win situation for all those involved.
“We are pleased with the numerous entries that have been submitted so far“, states Rolf Huber, Managing Director of the Siemens Stiftung. “Furthering sustainable development can fail due to a lack of knowledge about the appropriate technology. Our objective is to collect as many ready-to-implement or already proven solutions as possible.“
Entries are being accepted in the following categories: Water & Waste Water, Energy, Food & Agriculture, Waste Management & Recycling, Housing & Construction, Healthcare, and Information & Communication Technology. The expert team examining the entries will not only focus on the technical feasibility of the products and solutions but also on practical sustainability and the development potential of the submission. All intellectual properties will remain with the inventor or team. An international jury with renowned names from commerce, science and developmental cooperation are on hand to award the best entries with the attractive prizes.
Partnering with the Siemens Stiftung in this worldwide competition are the KfW (business area development bank), the Helmholtz Association and UN-Habitat.