C

Horizon Prize

Inducement prizes are an open competition designed to stimulate participation in European innovation by tackling specific issues. The prizes are awarded after contestants submit their solution to a jury. There is only one winning project per prize which then receives a financial reward.

  • Inducement prizes address specific challenges which haven’t been previously answered. These challenges are highly relevant to our societies and technology should help solve them.
  • There are no preferred solutions, only award criteria that need to be met in order to be eligible for the prize. Hence, contestants are free to submit any solution to the challenges.

A new form of recognition for European innovators

Inducement Prizes were first introduced by the Commission as a pilot under the 7th framework-programme. The 2012 “Innovative Vaccine Technology” pilot prize was won by a German biopharmaceutical company, against a competition of twelve, to receive a reward of €2 million in March 2014. The winner developed a solution to keep vaccines stable in ambient temperatures.

Three ways to assess your chances to win a H2020 Inducement Prize

The factors below will help you understand what conditions contestants should fulfill.

  • Solve the challenge. Inducement prizes are not research grants nor are they financial aids to help your company innovate. The goal of these competitions is to reward the accomplishment of an action, irrespective of how much or little cost and effort went into it.
  • Make the solution practical. Contestants should deliver an actual solution that has already been demonstrated in operational environments.
  • Highlight the economic viability. The solution should be ready for the market.

What can the winner expect?

  • A financial reward. A cash prize is awarded to the person, or team, who has managed to meet the criteria of the challenge through the development of a technological solution.
  • Investors. One objective of EU Inducement Prizes is to help winners attract investors.
  • Communication. Winners will certainly benefit from media coverage and publicity.

New Inducement Prizes for Horizon 2020

The following calls are currently open : 

  • CO2 reuse prize - until April 2019: €1.5 million prize to reduce the atmospheric emissions of CO2 by implementing innovative products utilising CO2.
  • Low carbon hospital - until April 2019: €1 million prize for an installation in a hospital using 100% renewable energy. 
  • Photovoltaics meets history - until September 2018: € 750 000 prize for European protected historic urban district that has perfectly integrated in its buildings a photovolatic system to generate and supply electricity for at least 50% of its electricity consumption. 
  • Engine retrofit for clean air - until September 2017: € 1.5 million prize for technologies that can be applied to existing diesel engines and powertrains to reduce emissions of pollutants in real driving conditions to the lowest level possible.
  • Cleanest engine of the future - until August 2019: € 3.5 million prize to stimulate the development of next generation engine and powertrain technologies using conventional fuels. 
  • Birth day prize - until September 2017: € 1 million prize to identify and bring to market innovative solutions preventing death and complications during pregnancy and childbirth. 
  • Materials for clean air - until January 2018: € 3 million prize to develop an innovative and well-designed material solution that will reduce the concentration of particulate matter in the air. 

This call will soon be open as well :

  • Zero power water monitoring - from December 2017 until September 2018: € 2 million prize to come up with solutions based on self-powered and wireless smart sensing technologies designed for real-time monitoring of water resources. 

Eligibility and Award Criteria

  • Any legal entity based in an EU Member-State or Associated country can participate. This includes companies, organisations and individual persons. You can be associated with anyone from anywhere in the world.
  • Exception: for the ICT prizes, the project has to be submitted by an SME or a non-profit organisation.
  • Each prize has its own specific award criteria. They can be found in their respective Work Programmes (i.e. Societal Challenge 8 “Health, demographic change and well-being”, and both LEIT “NMPB” and LEIT “ICT” Work Programmes).
  • It is possible that no prize is awarded if the jury decides that no solution is innovative enough or rightly addresses the presented challenge.