Prizes
In order to identify promising inventions, the Siemens Stiftung has a sum of approx. 200,000 EUR for all these valuable contributions. The prizes will be allocated as follows:
| 1st | Prize | EUR | 50,000.00 |
| 2nd | Prize | EUR | 30,000.00 |
| 3rd | Prize | EUR | 20,000.00 |
| 20 | runners up | EUR | 5,000.00 (each) |
All nominees will be requested to attend the Awards Ceremony in summer 2013 where they will have the opportunity to meet representatives from the world of politics, science, media and technology.