Millennium Technology Prize

The Millennium Technology Prize is an award for outstanding technological achievements that "directly promote people's quality of life, are based on humane values, and encourage sustainable economic development". The prize is awarded by the Finnish Technology Award Foundation, established in 2002 by eight Finnish organisations supporting technological development and innovation. The prize sum of one million euros is to be awarded every second year, which claims it to be the world's biggest technology award. World Wide Web inventor Tim Berners-Lee, of the United Kingdom, was announced on April 15, 2004 as the first laureate of the award. The price was presented to Mr. Berners-Lee at a ceremony in the Finlandia Hall in Helsinki by the President of The Republic of Finland, Ms. Tarja Halonen on June 15, 2004.

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