First Horizon Prize for Social Innovation to be for addressing the ageing population challenge
In 2016, the European Commission, in cooperation with the European Investment Bank Institute, will launch the first Horizon 2020 Prize for Social Innovation. Prior to this launch, the Commission ran an open public vote on which one out of a list of five challenge the Horizon 2020 Prize should address. The EC has now announced that the challenge of an ageing population has received the biggest support, with 32% of a total of nearly 10,000 votes, and will therefore become the topic of the first Horizon Prize for Social Innovation. The € 2 million Prize will reward the innovator or team who comes up with the best solution to address the challenges and opportunities of ageing and to improve the quality of life of senior citizens.
Carlos Moedas, European Commissioner for Research, Science and Innovation, said: "An ageing population is clearly one of the most important challenges but also opportunities for Europe. Participants in our poll have recognised this. Horizon 2020 already offers substantial funding to research in this area. Now, with this Prize I am sure we will get more people engaged with this topic and new, creative breakthrough solutions to better address the implications of a rapidly ageing population."
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