The $1,000,000 Legatum FORTUNE Technology Prize
The $1,000,000 Legatum FORTUNE Technology Prize, was conceived by and developed for FORTUNE Magazine and Legatum Global Development by the SEVEN Fund. It is part of
SEVEN’s Pioneers of Prosperity program, and will be awarded on an annual basis to an
individual or organization that demonstrates the impact of technology upon intractable
development issues. The first award was be made in December 2008 at the Global
FORTUNE 500 Conference. Click here for the full press release.
Entrepreneurs create products, services and jobs. They expand economies, improve people's lives, provide employment (high and rising wages) and bring about competition. A competitive environment, in turn, gives rise to efficiency, meritocracy and further innovations and entrepreneurial drive.
The potent combination of entrepreneurship and technological innovation can forge an environment that is conducive to further enterprise, involving even government policy in supporting entrepreneurship and innovation.


