@nobelprize.org
Nobel Foundation is a private institution established in 1900 based on the will of Alfred Nobel.
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The Nobel Prize is a prestigious international award that recognizes individuals and organizations for their outstanding achievements in various fields. Established to fulfill the intentions of Alfred Nobel's will, the Nobel Prize is managed by the Nobel Foundation. The prize-awarding institutions, including the Norwegian Nobel Committee, play a vital role in independently selecting the laureates.
In the case of the Nobel Peace Prize, the nomination process is particularly unique. Nominations can be submitted from anyone who meets the criteria, and a diverse range of candidates from around the world is considered each year. However, the names of nominees are kept confidential for 50 years.
The process involves a thorough eight-month screening and decision-making process by the committee and its advisers, resulting in the selection of a deserving laureate. The laureate is then announced and honored at the annual Nobel Prize award ceremony. The Nobel Prize not only recognizes exceptional individuals and organizations but also inspires and motivates future generations
Company Type
Nonprofit
Company Size
51-200
Year Founded
1900
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