The following process and benchmarks will be used to determine whether the grand prize will be awarded for Nayar Prize I:
- The team must demonstrate that their work truly represents a scientific breakthrough. Upon completion of Year 3, the team will submit a final portfolio/dossier that summarizes the work they have accomplished during the project with any supporting documentation (e.g., published work, presentations). This portfolio will be sent to recognized experts in the field of study with instructions to provide an unbiased, written assessment of the work’s impact and overall significance. These letters will serve as information for the jury to consider during deliberations.
- The team must demonstrate that their work has contributed to increasing the visibility and reputation of Illinois Tech. Examples of evidence may include, but are not limited to, that work related to the prize has been published in relevant and high-profile outlets (both scientific and popular), that it has helped attract high-quality students (undergraduate and/or graduate), and that it has been favorably received by potential employees and industry partners. Evidence in support of these achievements will likely include both qualitative assessments and quantitative metrics.
Nayar Prize I Important Dates
June 15, 2015
September 18, 2015
Proposals due
October 1, 2015
Finalists selected
November 4, 2015
October 1, 2016
Phase 1 project work complete
October 16, 2016
Selection of recipients: Phase 2 funding
October 16, 2017
Completion of Phase 2 funding
Interim reports due for the selected project
October 16, 2018
Completion of the project; if performance metrics met, awarding of the Nayar Prize I