Millennium Technology Prize opens its nomination period for innovations for a better life

Transforming bold ideas into reality demands relentless effort and vision. The Millennium Technology Prize honors the innovators who overcome every challenge to redefine the future. The Prize has been awarded for world-changing innovations such as ethical stem cell research, an open-source operating system, and next-generation DNA sequencing. Transforming bold ideas into reality demands relentless effort and vision. The Millennium Technology Prize honors the innovators who overcome every...

Transforming bold ideas into reality demands relentless effort and vision. The Millennium Technology Prize honors the innovators who overcome every challenge to redefine the future. The Prize has been awarded for world-changing innovations such as ethical stem cell research, an open-source operating system, and next-generation DNA sequencing.

The latest Millennium Technology Prize in 2024 was awarded to Professor Bantval Jayant Baliga of North Carolina State University, United States. His innovation, Insulated Gate Bipolar Transistor (IGBT), has enabled a dramatic reduction in worldwide electrical energy and petrol consumption, reducing global carbon dioxide emissions by over 82 gigatons (180 trillion pounds) in the past 30 years.

"True innovation thrives on collaboration. We live in a time of daunting global challenges, but at the same time, countless teams of innovators around the world are working on potential solutions to overcome them. The Millennium Technology Prize fosters vital connections among scientists, innovators, and industry leaders, enabling them to amplify the impact of groundbreaking solutions," says Maija Liiri-Virmiala, CEO of Technology Academy Finland, the foundation awarding the Millennium Technology Prize.

The nominations are submitted via an online portal. Organizations, companies, and individuals can make nominations. Nominators are invited to consider people and teams from diverse backgrounds when choosing a nominee.

Learn about the story of the Millennium Technology Prize

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For further information, please kindly contact:

Maija Liiri-Virmiala
CEO, Technology Academy Finland TAF
[email protected]  
+358 40 704 7000

The Millennium Technology Prize is worth one million euros and is awarded every two years by the independent foundation Technology Academy Finland. The Patron of the Prize is the President of the Republic of Finland. The Prize was granted for the first time in 2004. Three of the Prize Winners have subsequently been awarded a Nobel Prize.

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