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The innovation and research prize is the highest annual Carinthian award. The Carinthian innovation and research prize supports researchers and shows respect for their work. It honours the researcher´s innovative power, courage, ideas, technologies, products, services, etc. The prize is endowed with €58,000 and is awarded in three categories and with a special prize in 2012.
Endowments and categories:
Products, processes and services which have been developed by a company and already brought to market are eligible for the awards. The target group is composed of companies in all size categories.
The overall objective of the measure is to honor individual researchers and companies for their commitment and entrepereneurial spirit. At the same time, the award winners serve as role models for other companies and researchers (due to media attention/presence). Thus, the regional impact is more of an indirect nature rather than direct.
Funding applications must be submitted to the Carinthian Economic Funds (KWF). The award is announced each year with a fixed deadline for participation. No major hindrances in the implementation of the measure can be observed.
As in the case of many Austrian support measures on the regional level there has been no evaluation of this particular measure. Reliable information on its actual effects is therefore available to a very limited extent. Every year, the KWF publishes a brochure containing an overview of the current call. It also provides key data on the funding scheme, e.g.:
Based on the limited availability of information described above no reliable recommendations regarding do’s and don’ts can be given.