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Millennium Technology Prize

The Millennium Technology Prize is designed to encourage further cutting-edge research and development, it is not intended as a reward for lifetime achievement. The Millennium Technology Prize tries to bring the benefits of the Finnish practical and solution-focused mindset – one of the greatest strengths of Finland – to the whole world. Candidates are sought from across the world and all fields of technology (excl. military technology). 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 academies, universities, research institutes and companies.

Prize Details 

The Prize sum is 1-million Euros and is awarded every two years. Nominations for the 2018 Prize close on July 17, 2017 and the 2018 Prize will be announced in May of 2018. The Millennium Technology Prize is Finland's tribute to innovations for a better life.

The prize promotes technological research and Finland as a high-tech country.

The rationale behind the international Millennium Technology Prize is the extensive impacts of science and innovation on society, even on humanity at large.

General principles of the Millennium Technology Prize:

  • Awarded to groundbreaking technological innovations that enhance the quality of people’s lives in a sustainable manner.
  • The innovations have been applied in practice and are delivering extensive change now and in the future.
  • The innovations stimulate further cutting edge research and development in science and technology.


  • The nomination should include a Nomination Letter with a concise description of the cited innovation and the underlying technology, an assessment of the present and future impact of the innovation, as well as identification of the role of each nominee in the innovation process.
  • A concise separate CV must be supplied for each nominee.
  • All nomination material must be presented in English.
  • Please note that self-nomination is not allowed.



Interested parties are encouraged to consult with Danelle D'Alvise, Prizes & Awards Manager in the Office of the Vice-President, Research regarding this award and the nomination process.

e: t: 905-525-9140 extension 27419