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Rolex Awards for Enterprise 2016 to Improve the Quality of Life on Earth The Rolex Awards for Enterprise 2016 is open for applications. Individuals above 18 years of age from anywhere in the world are eligible for the prize, given that their ground-breaking project is helping to expand the knowledge of our world and improve the quality of life on the planet. Rolex recognizes the refreshing approach that young people have to solving problems. Each Laureate receives 100,000 Swiss francs for his or her project. Young Laureates receive 50,000 Swiss francs.
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