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HANOI, VIETNAM Media OutReach – 20 December 2020 On Intercontinental Solidarity Working day, VinFuture Basis formally launches The VinFuture Prize, the initial world science and technological innovation prize from Viet Nam, and one particular of the world’s largest yearly prizes in science and technological innovation. VinFuture Basis is launched by Mr. Phạm Nhật Vượng, the to start with Vietnamese billionaire – Founder and Chairman of the major Vietnamese conglomerate Vingroup Corporation, with each other with his spouse, Mrs. Phạm Thu Hương.

The eyesight of this endeavor is to “create meaningful change in the day-to-day lives of millions of people today by marketing breakthrough scientific exploration and technological innovations”. With that vision in thoughts, the VinFuture Basis operates to honour fantastic minds whose investigate and technological innovations will enhance the good quality of everyday living and make certain sustainable living for long term generations by addressing the everyday troubles of people, aligned with one particular or more of the UN Sustainable Advancement Targets (SDGs). Preserving in head its origins in a establishing place, VinFuture Prize will request to make sure that good and equal prospects are available to all researchers and innovators, especially those people who are earning initiatives under restricted assets.

The VinFuture Prize includes of a Grand Prize and a few specific prizes. The Grand Prize of $3M will be a person of the premier once-a-year world wide science and engineering prizes in benefit. The Grand Prize would be open up to all, irrespective of the candidate’s nationality, age, gender, social status, or financial history. The prize will be awarded to verified breakthrough study and technological improvements that positively enhance the excellent of human everyday living, and produce a much more equitable and sustainable environment for long run generations.

In addition to the Grand Prize, 3 unique prizes of US$ 500,000 each will also be awarded per year, with a concentrate on advertising range, equity, and new fields of analyze. These prizes will be earmarked for the following teams:

  • A person VinFuture Special Prize for an exceptional researcher or innovator from a creating nation institute
  • A single VinFuture Particular Prize for an superb female researcher or innovator.
  • A single VinFuture Distinctive Prize for breakthrough research or innovations in an rising discipline of science and engineering that has important long run potential to generate constructive adjust for humanity.

Nominations will be solicited from a substantial, varied pool of distinguished nominators, which includes globally renowned researchers and innovators, educational institutions, engineering firms, and prestigious innovation incubators in all countries.

An independent Prize Council, consisting of distinguished, globally renowned authorities from academia, exploration and market, will adjudicate the Prize each 12 months. Users of the Prize Council appear from various sciences and experienced disciplines, cultures, and viewpoints, including Prof. Gérard Albert Mourou (École Polytechnique, 2018 Nobel Prize winner) Prof. Sir Richard Henry Close friend, FRS (Cavendish Professor of Physics at the University of Cambridge, 2010 Millennium Technology Prize winner) Prof. Jennifer Tour Chayes (College of California Berkeley, Founders of 3 Microsoft Analysis Labs) Prof. Michael Eugene Porter (Harvard University, the founder of contemporary aggressive technique) Prof. Leslie Gabriel Valiant, FRS (Harvard College, 2010 A.M.Turing Award winner) Prof. Pascale Cossart (Pasteur Institute of Paris, the foremost authority on Listeria monocytogenes) Prof. Sir Kostya S. Novoselov, FRS (College of Manchester, Tan Chin Tuan Centennial Professor at the National University of Singapore , 2010 Nobel Prize winner) Prof. Van-Chi Dang (Ludwig Institute for Most cancers Research Director) Prof. Ha-Van Vu (Percey F. Smith Professor of Arithmetic and Info Science at Yale College) Dr. Xuedong Huang (Microsoft CTO)  Dr. Padmanabhan Anandan (Wadhwani Institute for Artificial Intelligence CEO).

The founders have individually committed an initial volume of US$ 100 million, which would be even further increased in the future to fund the VinFuture Prize’s means and administration course of action, making sure sustainability of the Foundation’s extended-term functions. VinFuture Basis, an independent, non-earnings foundation, will manage the VinFuture Prize. The Advisory Council, which comprises of internationally recognised Vietnamese innovators, researchers, and market leaders, co-chaired by Prof. Vũ Hà Văn, Yale College, and Prof. Nguyễn Thục Quyên, University of California Santa Barbara, will assist the Founder in supplying strategic tips to the Basis.

The Prize is the eyesight and brainchild of Mr. and Mrs. Phạm. “Creating good transform and getting a direct effects on people’s lives — this has usually been my intent — in business enterprise and existence. The functions of 2020 show that now far more than ever, we want to bring jointly extraordinary people with superior hearts and terrific minds, who can attempt to realising the electric power of science and know-how in conquering our toughest world-wide issues, and improving upon people’s lives,” said Mr. Phạm Nhật Vượng, relating to his motivations behind conceptualising this prize.

Nominations for the initially version of the Prize will be open from January to June 2021. The names of the selected VinFuture Prize Laureates will be declared on December 2021. The official prize award ceremony will be hosted in Viet Nam in January 2022.

 

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