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The EU is to go ahead with offering €20 million in prize money to scientists who deliver solutions to pressing and seemingly intractable problems, after making the first such award under a pilot project launched in 2012.   

Future prizes, to be announced and issued in 2015, are expected to cover health, transport, energy and materials, and renewable biological resources, with the money coming from the Horizon 2020 R&D budget. 

Image: http://www.sciencebusiness.net - Ingmar Hoerr, inaugural EU prize winner 

To read the original article: EU to offer €20M in R&D prizes - Science|Business