ABOUT THE AWARDS

What is the spirit of enterprise?

Rolex Laureates are of all nationalities and backgrounds. They are united by a talent for independent thinking and the capacity to embrace projects that require creativity and determination in the face of considerable odds.

Why did Rolex set up the Awards for Enterprise?

The Rolex Awards for Enterprise were launched in 1976 to commemorate the 50th anniversary of the Oyster chronometer, the world’s first waterproof watch.

When are the Awards presented?

They are presented every two years. The Laureates receive their Awards at a special ceremony in the presence of distinguished guests.

How are winners chosen?

An international Jury of independent experts, which typically includes explorers, conservationists, scientists, doctors, educators and innovators, chooses the Laureates.

What are the selection criteria?

The Rolex Awards for Enterprise support pioneering work in five areas: applied technology, cultural heritage, environment, exploration and discovery, and science and health. Projects are assessed on their originality, potential for impact, feasibility, and, above all, on the candidates own spirit of enterprise.

Who are the Young Laureates?

Rolex recognizes the refreshing approach that young people have to solving problems. The first set of Awards devoted to Young Laureates, aged between 18 and 30 years, took place in 2009 with the idea of supporting visionary young men and women at a critical juncture in their careers. The 2014 series of Awards will also be devoted to Young Laureates.

What do Laureates receive?

Each Laureate receives 100,000 Swiss francs for his or her project. Young Laureates receive 50,000 Swiss francs. In addition, Rolex ensures winners receive access to its network of more than 100 past Laureates, as well as the benefit of international publicity through media coverage and the Rolex Awards website.