The Nestle Prize
NGO Prizes » Individual Prizes » Innovative Prizes
The Nestle Prize: The Nestlé Prize in Creating Shared Value will be awarded every other year to an individual, a non-governmental organization (NGO), or a business for developing an outstanding innovation that:
Has proven its worth on a small-scale;
Is judged to be feasible and applicable on a broader scale or in other communities; and
Has high promise of improving rural development, improving nutrition, improving access to clean water, or having a significant impact on water management.
The Nestle Prize in Creating Shared Value will be awarded for the first time in April to encourage and reward innovative approaches to the problems of nutrition, water and rural development.
Nestle believes that developing countries deserve more investment in key social sectors, and that rewarding truly significant and innovative efforts to meet the global challenges creates shared value for us all.
The Nestlé Prize in Creating Shared Value will commit to the Prize Laureate an investment of up to CHF 500,000 for a specified period of time to assist in the development of the innovation to bring it to scale.
That’s what makes the Nestlé Prize unique – a financial commitment that may continue for several years to ensure success.
The Nestle Prize in Creating Shared Value will recognize local efforts to practice the Creating Shared Value principle and will be awarded to an individual, NGO, or a business, which has demonstrated innovative techniques for improving access to and management of water, improving the lives of farmers and rural communities, or delivers high nutritional value to populations suffering from nutritional deficits.
For more information and application, visit: The Nestle Prize Website
More: NGO Prizes » Individual Prizes » Innovative Prizes