Historical Prize

Rolex Awards for Enterprise: Historical Reference to the 2023 Cycle

A historical reference for the closed 2023 Rolex Awards for Enterprise cycle, which supported individuals with pioneering projects through cash funding, a Rolex chronometer, international publicity and access to the Rolex Laureates network.

JJ Ben-Joseph, founder of FindMyMoney.App
Reviewed by JJ Ben-Joseph
Official source: Rolex
💰 Funding Cash funding for each Laureate
📅 Deadline Historical reference
📍 Location Global
🏛️ Source Rolex

Rolex Awards for Enterprise: Historical Reference to the 2023 Cycle

The Rolex Awards for Enterprise are a philanthropic programme run by Rolex for individuals carrying out ambitious projects that can improve life, protect the planet or expand knowledge of the world. This page is now a historical reference to the 2023 cycle. It is not an open call: the official Rolex material identifies the 2023 Laureates as the latest cohort, and the official notice for that cycle records that applications closed on 17 October 2022. Rolex has not announced a later application cycle on the programme pages reviewed for this update.

That distinction matters. A person finding this page should not mistake the archived deadline for a live opportunity, and should not spend time looking for a submission form that Rolex has not made available for a new round. The programme itself remains described on Rolex.org, but the latest published application cycle is closed. The historicalReference flag in this page’s metadata marks it as an archive entry while retaining the real closing date for the 2023 call.

At a glance

ItemVerified position
ProgrammeRolex Awards for Enterprise
OrganisationRolex
StatusClosed historical cycle; no later cycle announced on the reviewed official pages
Latest published cycle2023 Rolex Awards for Enterprise
Application deadline for that cycle17 October 2022
Award supportCash funding, a Rolex chronometer, international publicity and access to the Rolex Laureates network
Fixed cash amountNot stated on the current official programme page
Applicant typeIndividuals aged 18 or over
Geographic reachGlobal; Rolex says Laureates come from all nationalities and backgrounds
Project areasScience and health, the environment, applied technology, exploration and cultural heritage
Official sourceRolex Awards for Enterprise

What the programme is

Rolex says the Awards were launched in 1976 to commemorate the 50th anniversary of the Oyster, described by Rolex as the world’s first waterproof wristwatch. The original event was intended to be a one-time celebration, but the international response led Rolex to turn it into an ongoing programme. The Awards now sit within Rolex’s Perpetual Planet Initiative, the company’s wider effort to support people and organisations working on environmental and scientific challenges.

The programme is unusual among prizes because it is aimed at work still being carried out or work that a candidate proposes to undertake. It is not simply a medal for a completed career. The official description focuses on exceptional people with pioneering projects, and the selection criteria ask candidates to show a clear purpose, originality, likely impact and a spirit of enterprise. In practice, the candidate’s own role is central: the application needs to make clear who is leading the work and what that person will do with support.

The 2023 official announcement describes five Laureates selected by a panel of ten international experts. Their projects covered clean-water technology in Kenya, forest protection in West Africa, wild-camel conservation in China and Mongolia, community-led forest restoration in the high Andes, and a regenerative farm-to-closet enterprise in Indonesia. These examples show the breadth of the programme, but they do not turn every environmental or social project into an automatic fit. A proposal still needs a focused objective, a credible plan and a reason the applicant is well placed to deliver it.

What Laureates receive

The current Rolex Awards FAQ says Laureates receive a cash grant to advance their projects. It also names three non-cash elements: access to a network of 160 Laureates, international publicity through media coverage and a Rolex chronometer. Rolex’s 2023 announcement likewise says the five Laureates receive funding to implement their projects and join the Rolex Laureates network.

Rolex does not state a fixed numeric cash amount on the current official programme page or the current FAQ. Earlier listings have circulated specific figures, but those figures should not be presented as the current terms of a future round without a new official notice. For that reason, this page records the benefit as cash funding rather than repeating an unverified amount. If Rolex opens another cycle, the official application materials should be treated as the authority for the amount, payment conditions and any restrictions on eligible expenditure.

The other benefits are relevant to the kind of applicant Rolex seeks. Publicity may help a project find partners or reach decision-makers. Access to the Laureates network can provide peer advice and connections across science, conservation, technology, exploration and heritage. The chronometer is part of the award package, but the central purpose remains support for the project and the person carrying it forward.

Project areas and selection criteria

Rolex groups eligible work into five areas:

  • science and health
  • the environment
  • applied technology
  • exploration
  • cultural heritage

The boundaries are broad enough to include different methods and disciplines. A proposal might involve research, conservation, a practical device, a field expedition, local knowledge or the preservation of a cultural practice. The subject alone is not enough. Rolex says projects are assessed for originality and potential impact, and the applicant must demonstrate the determination and ability to put the plan into practice.

The strongest historical examples share several traits. They identify a real problem rather than a general concern. They explain what will change if the work succeeds. They show why the proposed method is distinctive. They connect the applicant’s experience to the work, without relying on an institutional biography that hides the individual. They also make the scale of the intended result understandable: a defined community served, a species or habitat studied, a technology tested, a body of knowledge extended or a heritage practice preserved.

Eligibility for the 2023 cycle

The official 2023 Rolex material states that candidates had to be aged 18 or over. It also says there were no academic or professional requirements and no restrictions based on gender or nationality. Rolex describes its Laureates as people of all nationalities and backgrounds, so the programme was global rather than limited to residents of a particular country.

The candidate needed a new or ongoing project or work plan in one of the five programme areas. The project had to have a clear purpose, be original and have the potential for significant impact. The applicant also needed to show a spirit of enterprise and leadership. This is why an individual with a leading role in a project is a better fit than someone seeking money for a broad institution without a defined personal contribution.

The Awards should not be treated as a route to tuition, a degree or ordinary academic study support. The official description is project-centred: funding is intended to advance a new or ongoing effort that benefits people or the planet. A student could only be relevant if they were also the individual leading a qualifying project; student status by itself is not an eligibility category.

These are the criteria published for the closed 2023 call. They are useful preparation guidance, not a promise that a future cycle will use identical wording. If Rolex announces a new round, applicants must read the new rules before relying on this archive entry.

How the last application process worked

There is no current application process to complete. The following records the last published route so that future applicants can understand the shape of the 2023 call without confusing it with an open form.

First, candidates had to prepare a project or work plan that fit one of the five areas. The proposal needed to explain its purpose, originality, expected impact and the candidate’s role. Preparation should include a concise project description, evidence of work already completed where relevant, a practical plan for the requested support and a clear explanation of the people, places or knowledge that would benefit.

Second, candidates submitted through the official Rolex application process during the announced window. Rolex’s 2023 open-application notice stated that applications closed on 17 October 2022. The official material also said candidates could apply in English, simplified Chinese or Spanish. Those language options belonged to the 2023 call and should not be assumed for a future cycle until Rolex publishes new instructions.

Third, Rolex reviewed the submissions. The 2023 notice explains that each application was analysed by a team of experts appointed by Rolex, with the strongest entries assessed with help from specialists in relevant fields. A shortlist then went to an independent jury of international experts. The official FAQ describes the wider process as involving peer review, assessment, interview and evaluation of the likelihood that a project will achieve its aims.

Finally, the independent jury selected five Laureates for the 2023 edition. The selection was therefore not a random draw or a simple popularity vote. A competitive application needed to communicate with non-specialist reviewers, withstand expert assessment and show that the proposed work could produce meaningful results.

Preparing for a future announcement

Because no later cycle is announced, the useful action now is preparation and verification rather than submission. Keep a short project summary ready, but do not present it as an application to Rolex. State the problem, the proposed intervention, what is original about it and what a defined period of support would make possible. Gather evidence that the work is real: pilot results, field observations, prototypes, partnerships, community support, publications or other records appropriate to the project.

Be specific about the individual applicant’s responsibility. The Awards are built around people, so reviewers need to understand what the candidate personally leads and what will remain with collaborators or host organisations. A strong institutional partner can help, but the proposal should not read as though the applicant is merely forwarding someone else’s programme.

Also prepare for the practical questions a future form may ask: where the work will take place, who benefits, how progress will be measured, what risks could interrupt delivery, and how the project could continue after Rolex support. These are preparation prompts, not confirmed requirements for a future round. Only the new official Rolex notice can establish the next deadline, amount, languages, documents, stages and terms.

Common mistakes when using this archive entry

The most serious mistake is treating 2022-10-17 as a future deadline. It was the closing date for applications to the 2023 cycle. The historical flag and the wording on this page are intentional: there is no live call recorded here.

Another mistake is copying a cash amount from an old third-party listing. Rolex’s current FAQ confirms cash funding but does not publish a fixed number. Wait for an official cycle notice before budgeting around a particular amount.

Applicants should also avoid confusing the Awards with the Rolex Explorers Club Grants, the Rolex mentoring programme or other Perpetual Planet partnerships. Those are separate programmes with different rules. The official Awards page is the correct starting point for this opportunity, and Rolex’s own future application page should control any new submission.

Finally, do not turn a broad mission into a project by changing only its title. The historical 2023 examples were specific: restoring high-Andean forests with communities, supplying clean water through atmospheric-water technology, protecting a named rainforest, studying wild camels for conservation planning, or expanding a defined regenerative clothing enterprise. A future proposal should offer the same level of practical definition while presenting the applicant’s own work honestly.

Frequently asked questions

Is the Rolex Awards for Enterprise programme open now? No open cycle is recorded on the official pages reviewed for this update. Rolex presents the 2023 Laureates as the latest cohort, and this page is marked as a historical reference.

What deadline is recorded here? The deadline is 2022-10-17, the closing date published in Rolex’s official notice for applications to the 2023 Awards. It is retained in the metadata because a closed cycle’s real date is useful archive information.

How much money does a Laureate receive? Rolex confirms that Laureates receive cash funding, but its current programme page and FAQ do not publish a fixed numeric amount. A future call may specify one.

Who could apply in the 2023 call? Individuals aged 18 or over could apply, with no academic or professional requirements and no gender or nationality restriction stated in Rolex’s announcement. The candidate needed a new or ongoing project or work plan in one of the five programme areas.

Which languages were available? Rolex’s 2023 material listed English, simplified Chinese and Spanish. Future language options must be confirmed from a new official call.

How many Laureates were selected? Five Laureates were selected for the 2023 edition by an independent panel of ten international experts, according to Rolex’s announcement.

Where should I check for a new round? Start with the official Rolex Awards page, then read the linked application instructions and terms if Rolex publishes them. Do not use the archived deadline on this page as a current submission date.

Official source and archive note

The primary source for programme description and current status is Rolex’s Rolex Awards for Enterprise page. Rolex’s FAQ confirms the programme’s purpose, selection approach and Laureate benefits. Rolex’s official 2023 application notice recorded the closing date of 17 October 2022 and described the application and review process. Rolex’s official latest Laureates page identifies the five 2023 Laureates and describes that edition as the latest Laureates announcement.

This page has been updated as a historical reference because the latest official cycle is closed and no subsequent cycle has been announced on the reviewed Rolex pages. If Rolex opens the Awards again, the page should be refreshed from the new official application materials: replace the historical deadline with the new closing date, verify the funding amount, update eligibility and languages, describe the live application steps, and remove the historical flag only after the new call is confirmed.

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