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.