Lithuanian-American Innovation Award Accepting Applications
Vilnius, November 29 – The Lithuanian-American Innovation Award is now accepting applications for its annual prize. The award, now in its second year, highlights and promotes promoting innovative cooperation between the United States and Lithuania.
The Lithuanian-American Innovation Award – established by the Baltic American Freedom Foundation (BAFF), the American-Lithuanian Business Council (ALBC), and the U.S. Embassy in Vilnius – will be granted to a Lithuanian individual, organization, university, or firm that has developed an innovation in collaboration with a U.S. partner.
Organizers are seeking to recognize creative solutions and developments broadly across business and commerce, academic and scientific research, medicine and health, the environment, energy, and education. Last year’s awardees demonstrated innovation in the genetic editing, genome sequencing, and smart building sectors.
Any project that demonstrates a clear Lithuania-American link is eligible to win the Innovation Award. The organizers invite a large pool of candidates to apply and make the case for why their innovation deserves recognition. The core requirements are an impact or clear potential impact of the innovation, and the clear demonstration of collaboration with a U.S. individual or entity.
Two awardees will be announced in late February 2018. First prize will be €10.000 and the runner-up will receive €5.000.
To learn more about the award, and to download an application, visit http://www.amlithbc.org/Award. The deadline to submit is January 22, 2018.
Winners of the first Lithuanian-American Innovation Award were honored at a ceremony March 1 in Vilnius. Presenters were U.S. Ambassador to Lithuania Anne Hall; Eric Stewart, President of the American-Lithuanian Business Council, and Laura Lyons on behalf of the BAFF Board of Directors. Milda Darguzaite, Chief of Staff of the Government of Lithuania also addressed the winners.
Two runners-up will share the 5000 euro second prize:
Honorable mention went to finalists:
The Lithuanian-American Innovation Award highlights and promotes innovative cooperation between the Lithuania and the United States. The award was established in 2016 by BAFF, the American-Lithuanian Business Council, and the U.S. Embassy in Vilnius. Open to a Lithuanian individual, organization, university, or firm that has developed an innovation in collaboration with a U.S. partner, the top awards are designed to recognize the importance of innovation to Lithuania’s economy and carry prizes of 10,000 and 5,000 euros for the first and second prize winners.
Any project that demonstrates a clear Lithuanian-American link is eligible to win the Innovation Award. The core requirements are demonstration of the impact or clear potential impact of the innovation collaboration with a U.S. individual or entity. To learn more, please visit www.amlithbc.org/award/.
AmCham Estonia in cooperation with BAFF and the U.S. Embassy Tallinn has launched the Transatlantic Business Awards program, building on the success of the Estonian-American Innovation Awards (2011-2015).
The Business Awards will continue to recognize outstanding and innovative achievements by Estonian-based companies and individuals in the U.S., with an emphasis on their contributions to strengthening transatlantic economic ties and shared prosperity. There are three separate honors:
The Transatlantic Company of the Year, highlighting the importance of transatlantic trade and investment between the U.S. and Estonia and recognizing the contributions and positive impact made by Estonian companies investing in the U.S.
The Transatlantic Person of the Year, recognizing a person residing in Estonia or in the U.S. who has made significant contributions to promoting entrepreneurship or transatlantic collaboration. The award will honor the individual’s accomplishments in fostering increased entrepreneurial activity, including among diverse groups, and in promoting connections with the U.S.-based entrepreneurship ecosystem.
The Melissa Wells Corporate Responsibility Award, recognizing companies operating in Estonia who demonstrate ethical leadership and corporate responsibility.
As a means to highlight innovation in Estonia – and the collaboration between U.S. and Estonian firms and individuals – the Baltic-American Freedom Foundation (BAFF), the U.S. Embassy in Estonia, and the American Chamber of Commerce (AmCham) in Estonia established the annual Estonian-American Innovation Award for an Estonian individual or firm that has developed an innovation in cooperation with a U.S. partner.
Previous award winners include the following companies: GrabCAD, ZeroTurnaround OÜ, Fortumo, Planet OS Inc., Transferwise.
Specific details are available on the competition website www.innovationaward.ee
To be eligible, projects must demonstrate a clear Estonian-American link through a combination of two or more of the following:
Innovations will be evaluated per the following criteria, in descending order of importance: