Tata Sons and New York Academy of Sciencesâ€™ prize to honor innovations in food security, sustainability, and healthcare
Tata SonsÂ and theÂ New York Academy of SciencesÂ have announced theÂ Tata Transformation PrizeÂ to recognize and support promising scientists in India who are developing innovative technological solutions to critical societal challenges.
The new prize will be awarded each year to three scientists for innovations in each of three areas: food security, sustainability, and healthcare, according to a press release. Each winner will each receive Rs 20 million ($250,000) and will be honored at a ceremony in India in December.
â€œThis prize will accelerate breakthrough innovations by the Indian scientific community,â€ said Natarajan Chandrasekaran, Chairman of the Board of Tata Sons.
â€œWe hope this prize will help bring the transformational work of Indian scientists to light, reward them appropriately, and encourage them in taking solutions to market. The Tata Transformation Prize is one small way in which we will promote science and scientists to solve Indiaâ€™s national problems.â€
Applicants for the prize must be active researchers with a doctoral degree, or equivalent, and be employed by anÂ eligibleÂ university, institute, or other research organization in India.
Applicants must propose technologies addressing food security, sustainability, or healthcare challenges with a focus on digital and technological transformation.
Prize winners will be scientists whose proposed innovations re-imagine traditional practices and business models, transform technological paradigms, improve public trust, and promote an open and connected world.
â€œPathbreaking research takes place in India, resulting in important advances in science around the world,â€ said ProfessorÂ Nicholas Dirks, President and CEO of the New York Academy of Sciences.
â€œThis prize is focused not only on science, but on innovative discoveries that put science to work for the betterment of society, to solving major global challenges in three core areas.
â€œWe are so pleased to be working with Tata, and Chairman N. Chandrasekaran, to support scientific and technical innovation in India. It will also raise national and international awareness of Indiaâ€™s strengths in scientific research and development.â€
The Tata Transformation Prize is the latest in a series of prominentÂ awards and scholarship programsÂ the Academy and its partners present each year to accomplished early-career and established scientists around the world.
These initiatives, along with education and professional development programs for students and young scientists, reflect the Academyâ€™s broader commitment to strengthening and diversifying the pipeline for skilled and talented scientists globally, the release said.
Click here for more information about theÂ Tata Transformation Prize.