The award includes $5,000, a certificate and a feature article in an official ACS publication (e.g., Chemical & Engineering News) on the awardee(s) and his/her business. Up to $2,500 for travel expenses to the meeting at which the award will be presented will be reimbursed.
The purpose of the award is to recognize outstanding entrepreneurs who have created a commercially viable business within the chemical enterprise. Starting with a good idea, sustained by passion, fueled by persistence and hard work, the award recipient created something where nothing existed before. The awardee is recognized for creating a new product, service, company or industry based on the transforming power of chemistry to improve people’s lives. The hallmark of this contribution is impact: positive impact on people’s lives and positive impact on the economy by creating chemistry jobs that produce a significant economic benefit.
The award was created as a result of a report, Innovation, Chemistry, and Jobs, detailing steps to create economic growth, generate revenue and add new jobs in one of our nation’s most valuable scientific sectors — chemistry. Focused on entrepreneurship as a pathway to major job creation, the report was issued by an ACS task force charged with providing recommendations for how the society can play a vital role in helping the chemical enterprise in the U.S. remain the most innovative and entrepreneurial in the world.
Only ACS members are eligible for this award. Nominees may include individual entrepreneurs or teams (maximum of three individuals). The award will be granted regardless of race, gender, age, religion, ethnicity, nationality, sexual orientation, gender expression, gender identity, presence of disabilities or educational background.