Application Deadline Approaching for Schmitt Innovation Prize 2025 - Submit Your Best Ideas by 15th November 2024!
The Innovation Prize of Rhineland-Palatinate, a prestigious award presented in collaboration with the state associations of the Chambers of Industry and Commerce and Chambers of Crafts, is gearing up for its 37th edition in spring 2025. Economy Minister Daniela Schmitt is promoting the competition, which aims to recognise the most innovative products, processes, and services in the state.
The prize is endowed with a total of 60,000 euros and has categories for "Company", "Craftsmanship", and "Innovations for Agriculture". Eligible enterprises must have their registered office or location in Rhineland-Palatinate and must develop, manufacture, implement, and market innovative products, processes, or services within the state.
The jury will evaluate prize winners based on factors such as the effort of innovation, economic significance, employment effect, revenue increase, relevance, environmental relevance, social significance, societal benefit, and special challenges. Minister Schmitt is looking forward to the award ceremony in spring 2025 and encourages all interested parties to apply by November 15.
Interested parties can find more information and apply online at innovationspreis.rlp.de. Typically, the competition is open to companies, startups, research institutes, or individuals based in or operating in Rhineland-Palatinate who have demonstrated notable innovations in technology, products, or services. The categories often include sectors such as technology, sustainability, scientific foundations, startups, or future mobility innovations.
For precise details about the 2022 prize, it is recommended to consult the official Rhineland-Palatinate economic or innovation ministry websites or the organiser's platform.
An entrepreneur working on a small-business in Rhineland-Palatinate might find the Innovation Prize of Rhineland-Palatinate as an opportunity for recognition, as it offers finance to the winners and has categories for companies, craftsmanship, and innovations in agriculture. The prize can provide a platform for this entrepreneur's innovative product, process, or service to stand out, especially considering evaluation factors such as revenue increase, social significance, and societal benefit.
