Since 1976, Rolex has honoured extraordinary individuals who possess the courage and conviction to take on major challenges. Each Rolex Award for Enterprise is given for a new or ongoing project anywhere in the world – one that deserves support for its capacity to improve lives, or protect the world’s natural and cultural heritage. These projects have touched all aspects of humanity by expanding knowledge or improving life on the planet.
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.
The Rolex Awards for Enterprise were launched in 1976 to commemorate the 50th anniversary of the Oyster chronometer, the world’s first waterproof watch.
They are presented every two years. The Laureates receive their Awards at a special ceremony in the presence of distinguished guests.
An international Jury of independent experts, which typically includes explorers, conservationists, scientists, doctors, educators and innovators, chooses the Laureates.
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.
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.
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.