Premio Nobel: A prestigious award given to outstanding personalities
History and Origin of the Award
The Nobel Prize was established in 1895 by Alfred Nobel, a Swedish chemist, engineer, inventor, businessman, and philanthropist. Nobel invented dynamite and held 355 patents. Nobel's will, written a year before his death, requested that his fortune be used to establish a series of prizes for those who confer the greatest benefit on humankind in the fields of physics, chemistry, physiology or medicine, literature, and peace.
The first Nobel Prizes were awarded in 1901 and are now considered the most prestigious awards given in the world.
Nomination and Selection Process
Nominations for the Nobel Prize can be submitted by a select group of individuals, including university professors, members of academies of sciences, previous Nobel laureates, and members of certain international organizations.
The Nobel Committees, each responsible for a specific field, review the nominations and select the laureates. The committees are composed of experts in their respective fields and are appointed by the Nobel Assembly. The laureates are announced in October and the awards are presented in December.
Eligibility Criteria
To be eligible for a Nobel Prize, individuals or organizations must meet specific criteria. Nominees must be living at the time of nomination and cannot nominate themselves.
The work or contribution for which the nomination is made must be of outstanding significance and have made a substantial impact in its field. Past achievements or potential future work are not considered.
The Nobel Prize cannot be awarded posthumously, except in cases where the laureate dies after the announcement but before the award ceremony. In such cases, the prize is given to their estate.
Award Ceremony and Recognition
The Nobel Prize award ceremony is held annually on December 10th, the anniversary of Alfred Nobel's death. The ceremony takes place in Stockholm, Sweden, for the Nobel Prizes in Physics, Chemistry, Physiology or Medicine, and Literature.
The Nobel Peace Prize is awarded in Oslo, Norway. Each laureate receives a Nobel medal, a diploma, and a monetary award. The monetary award has varied over the years and is currently set at 10 million Swedish kronor (approximately $1.1 million).
In addition to the monetary award, Nobel laureates gain immense recognition and prestige within their fields and the global community. They become part of an exclusive group of individuals who have made significant contributions to the advancement of knowledge and the betterment of society.
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