The IERA Award highlights and honors the achievements of inventors with value creating ideas and entrepreneurs who propel those ideas into world-class products. This is a key element to the continuing success of robotics and automation today. Active infusion of innovation and entrepreneurship into technological advancement is regarded critical at this juncture to strengthen a healthy balance between research and practice as well as a healthy growth of industrial and commercial sectors in robotics and automation.
The IEEE Robotics and Automation Society (IEEE/RAS) and the IFR jointly sponsor the award - underlining their determination to promote stronger collaboration between science and industry in robotics.
Finalists present their story of a successful innovative product in robotics and automation - from inception to final state of commercialization - in a series of plenary lectures at the IEEE/IFR Joint Forum on Innovation and Entrepreneurship in Robotics and Automation. The winners are then chosen by an evaluation board. The annual award consists of a plaque and a $2,000 honorarium.