How will the Prize award be paid out? Can the funds be disbursed to more than one organisation?

Every application must have one eligible lead applicant who will receive the totality of the Prize award, distributed in tranches, in line with the Terms and Conditions and the grant agreement signed with Nesta. Nesta is not able to distribute the funding across multiple organisations, and the amount of Prize Awards distributed will remain the same regardless of the size of any partnerships.

Each Participant has, or shall timely obtain, all authorisations, consents and permissions necessary to submit the application, receive the Prize Award, carry out the proposal, and comply with the Terms and Conditions of the Prize.