Prize & bestowal
In addition to the unique Löhn Award sculpture, a prize of up to 60,000 euros is awarded to companies or researchers involved in the transfer project. The prize money can be awarded to an individual project or shared among several prize winners.
The prize is split equally between the “know-how provider” and recipient. The prize money should be invested in an innovative, transfer-related project.
Prize winners are chosen by a jury made up of members of the Steinbeis Foundation Board of Directors and the Chairman and Honorary Trustees of the Steinbeis Foundation Board of Trustees.
The jury can also award one or several special prizes for projects, services or achievements of high merit. Prizes are bestowed during the annual Steinbeis Day.