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BBVA Chairman Francisco González announces the BBVA Frontiers of Knowledge Awards
Date:12/7/2007

Francisco Gonzlez, chairman of BBVA, today presented the BBVA Foundation Frontiers of Knowledge Awards. The prize money in these new BBVA Foundation Awards (an annual 3.2 million euros) and the breadth of scientific and artistic disciplines addressed place them among the worlds major awards, second only to the Nobel Prize.

In his presentation speech, Francisco Gonzlez affirmed that these awards will honor excellence in research and artistic creation, with an accent on forward-looking projects that address the major challenges confronting the global society of the 21st century.

We also wish to activate societys latent regard for the work of the scientific community, the BBVA Chairman continued, and believe the BBVA Foundation Frontiers of Knowledge Awards are an effective means to do so.

In sum, he concluded, the awards we are launching here will stand as a new international benchmark, as well as marking a qualitative leap in BBVAs support for knowledge and innovation.

The BBVA Chairman also remarked in this speech that our engagement with society, our vision of corporate social responsibility have led us to devote growing resources both human and financial to the generation and spread of knowledge; this philosophy of the BBVA Group and its foundations, both in Spain and Latin America, is what lies behind initiatives like these Awards, which will stand as a benchmark for scientists and creative practitioners, while providing recognition and encouragement to the many people and teams all round the world who are working, like BBVA, to achieve a better future for humanity.

The BBVA Foundation chairman was joined at the event by Carlos Martnez, president of Spains principal public research organization, the Consejo Superior de Investigaciones Cientficas, which will collaborate in the appointment of technical evaluation committees and propose the chairs of the prize juries.

THE AWARDS

The BBVA Foundation Frontiers of Knowledge Awards seek to recognize and encourage research and artistic creation, prizing contributions of lasting impact for their originality, theoretical and conceptual implications and, where appropriate, their translation to innovative practices of a salient nature.

The name of the scheme is intended to encapsulate both research work that successfully enlarges the scope of our current knowledge, continually pushing forward the frontiers of the known world, and the meeting of different disciplinary areas. Oriented to the branches of knowledge that most characterize the 21st century, the BBVA Foundation Awards wish to recognize the emergence of new knowledge areas, along with the interdisciplinary nature of scientific research and the fact that many seminal contributions to our current stock of knowledge are the result of collaborative working between large and frequently multinational research teams.

AWARD CATEGORIES

These awards will honor disciplinary or interdisciplinary advances in a series of basic, natural, social and technological sciences, along with creative activity of excellence in the arts. Categories are also reserved for two core concerns of early 21st century society, namely climate change and development cooperation, with awards going alternatively to outstanding research work or projects that mark a significant advance in addressing these global challenges.

The BBVA Foundation Frontiers of Knowledge Awards, to be given annually, take in the following categories:

  • Basic Sciences (Physics, Chemistry, Mathematics)
  • Biomedicine
  • Ecology and Conservation Biology
  • Information and Communication Technology
  • Economics, Finance and Business Management
  • Arts (Music, Painting, Sculpture, Architecture)
  • Climate Change
  • Development Cooperation

PRIZE MONEY

The BBVA Foundation Frontiers of Knowledge Awards come with a monetary award of 400,000 euros in each prize category. This is higher than both the global and individual amounts per category of such prestigious international schemes as the Kyoto, Wolf, Kavli or Japan prizes:

  • Nobel Prize (annual): 6 million euros with 1 million per category
  • BBVA Foundation Awards (annual): 3.2 million euros with 400,000 per category
  • Kavli Prize (biennial): 2.1 million euros with 700,000 per category
  • Kyoto Prize (annual): 900,000 euros with 300,000 per category
  • Japan Prize (annual): 600,000 euros with 300,000 per category
  • Wolf Prize (annual): 407,280 euros with 67,880 per category

PURPOSE OF THE AWARDS

The scientific community receives little in the way of explicit or symbolic recognition, despite the fact that scientists number among the professional groups most highly valued by society. The BBVA Foundation Frontiers of Knowledge Awards aim to activate this latent regard on the part of society for scientists and their work.

The Foundations desire to publicly recognize the efforts of researchers, organizations and professionals working to improve the societies where they operate has found previous expression in the BBVA Foundation Awards for Biodiversity Conservation, which will be incorporated within the Frontiers of Knowledge scheme following the conclusion of their third edition, the Giner de los Ros Awards for the Improvement of Educational Quality organized jointly with the Spanish Ministry for Education and Science since 1983 and the Economics for Management Lecture Series award of the BBVA Foundation and IESE.

In this respect, the BBVA Foundation expresses the engagement of BBVA with the cause of social responsibility in the societies where it does business, placing knowledge and innovation at the service of a better quality of life for citizens.


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Contact: Javier Fernndez
comunicacion@fbbva.es
34-915-376-615
Fundacin BBVA
Source:Eurekalert

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