Takis & Louki Nemitsas

To grant, in accordance with the procedure provided for, in the Memorandum and the Articles of Association of the Foundation, awards to Cypriot scientists being alive and residing in Cyprus or abroad, who, by their studies and research, elicit such inventions, discoveries or improvements which would bear great benefit to Cyprus and thus to the whole world and in particular to the following areas of scientific or artistic endeavour:

Ι. To the person or persons effecting the most important discovery or invention in all the branches of Engineering and especially in the branches of Mechanical Engineering, Electrical Engineering, Civil Engineering and Architectural Engineering to the betterment of human life associated with a possible reduction on the detrimental effects on the environment and with a corresponding reduced cost.

ΙΙ. To the person or persons effecting the most important discovery or invention for the improvement and protection of the environment of the planet leading to an improvement of human life in general and an enhancement of the quality of life in Cyprus and in every country of the planet.

ΙΙΙ. To the person or persons inventing such methods and applications in seismology offering increased protection to the world from the earthquakes and the destruction caused therefrom.

IV. To the person or persons who effect an important discovery in the Health and Medical sector such as improvements resulting in the cure of people from hitherto incurable deceases or having discovered such methods which increase the duration of useful human life.

V. To the person or persons effecting an outstanding creation in the fields of classical music, painting, sculpture and the arts in general recognised worldwide as an achievement worthy of a prize.