Digital Science, a division of Macmillan Publishers Ltd., unveiled its Catalyst Prize, an initiative to support innovators who wish to develop new software tools or technologies for scientific research. The programme will provide a series of awards up to £15,000 each (about $24,000) to the most promising ideas for novel uses of information technology in science.
Catalyst Prize awards are intended mainly to provide initial support for innovators who wish to take ideas from concept to prototype. Along with funding, they also provide an opportunity to work with Digital Science to refine, develop and promote the innovation.
The application process is simple, and decisions are made in a timely fashion. Interested parties may submit a short proposal detailing their breakthrough idea or innovation. Shortlisted applicants will be invited to present their ideas, preferably in person at a Digital Science office in London, New York or Tokyo.
Priority will be given to applicants who have limited access to other sources of funding, and to projects that adopt open and collaborative approaches. Digital Science will not claim intellectual property rights over the results.
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