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The Estonian American Innovation Award 2011
As a means to highlight innovation in Estonia – and the collaboration between U.S. and Estonian firms and individuals toward this end – the U.S. Embassy in Tallinn, the American Chamber of Commerce in Estonia (AmCham) and Baltic American Freedom Foundation (BAFF) have decided to establish an annual Estonian-American Innovation Award for an Estonian individual or firm that has developed an innovation in cooperation with a U.S. partner.
The winner will receive 10,000 Euro (gross) and a runner-up 5,000 Euro (gross). The award is recognition of Estonian and U.S. ties and innovative thinking. It is not intended as seed money for start-up companies or a support for a specific organizational plan or model.
The decision criteria will be based on the impact or clear potential impact of the innovation in a given field or in society more broadly, as well as the clear demonstration of collaboration/cooperation with a U.S. entity.
To be eligible, submitted projects must demonstrate a clear Estonian-American link according to a combination of at least two of the following factors:
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The development and implementation of the innovation has taken place in Estonia.
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The project is the result of work conducted in the framework of US-Estonia academic, commercial, professional, or artistic partnership or clear collaborative effort.
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The Estonian initiator and responsible person/entity has strong ties with the United States.
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The project has been funded or sponsored by a U.S. source.
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The end-user or beneficiary is an American organization.
Innovations will be evaluated per the following criteria, in descending order of importance:
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Creativity - The innovation should be as original as possible or the adaptation should be creative.
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Impact – The innovation should have a clear or potential impact in its given field; and/or there is evidence that the innovation will contribute to a more efficient way of doing things.
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Collaboration - The innovation successfully demonstrates collaboration and cooperation between Estonian and American individuals or entities.
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Timeliness - The innovation should not be more than five years old.
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Recognition - The results of the innovation have been recognized by peers, critics, or in professional journals; or has demonstrated success in the market place.
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Cost Effectiveness - There is evidence that the innovation adds value while at the same time containing or reducing costs.
Applications
Each candidate is required to provide:
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a summary in English of up to 1000 words describing the innovation, the collaboration, and the impact or potential impact.
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up to ten pages of additional documents supporting the application (can include references, recommendations, reviews, photos, more detailed plans, etc.)
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A confirmation that all information in the application is true and valid Applicants must be Estonian residents, firms, or organizations registered in Estonia. The applications should come directly from the applicants themselves, rather than as nominations on behalf of another entity.
Application Form
Planned Timeline
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October 31 – Deadline for submissions. If there are insufficient submissions, the three parties may elect to extend the deadline for a set period;
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November – The selection committee convenes and makes its selection for winner and runner up;
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December – Winner and Runner-up are Announced
Click here to read the entire document in printer-friendly format
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