To be eligible for an award, candidates must have successfully monetized a research output or business idea. For example:
- technology licensing
- providing dedicated services to an existing company
- creation of a new company
- creating a marketable solution in direct response to the needs of a specific company
Successful applicants to the awards will be ranked and the top three submissions will be awarded a monetary prize, as follows:
- First place: €3,000
- Second place:€2,000
- Third place: €1,000
All submissions which meet the criteria will be recognized with a certificate and publicized in HiPEAC communications.
Applications are evaluated and ranked by panel of innovation experts.