The next Rolex Awards for Enterprise will be presented in 2012 to five new Laureates for their projects that demonstrate innovative thought and benefit the world we live in. For their new ventures or completion of ongoing projects, each Laureate receives US$100,000, a Rolex chronometer, and the benefits of international publicity.

Eligibility
The Rolex Awards are open to any individual of any age, with a concrete working project. Proposals may be submitted in almost any area of activity, including science and health; applied technology; exploration and discovery; the environment; and cultural heritage.

How to Apply
To apply, after reading the Rules and Conditions, create an account and fill out a pre-application form. You will have one month, from the moment your account is created, to complete the pre-application form in English.

The final deadline for submitting a pre-application is 31 May 2011. However, you are strongly advised to submit a pre-application form as soon as possible.

Pre-applicants whose projects are selected by Rolex for further consideration will be invited to submit a full application.

Click here to Read the rules and conditions

Click here to Apply now

Selection Process
The Rolex Laureates are selected by an independent panel of international specialists at the top of their fields, supported by a team of researchers.

Winners are chosen based on three main criteria: spirit of enterprise, originality, and potential impact. Judges also consider how the award will contribute to the completion of the project.

The Jury changes for each cycle of Rolex Awards. The 2012 jury will be announced in 2011.