Media & Press

The $75,000 per annum prize, funded by Baillie Gifford, will commend research into the long-term funding of innovation

It is an understatement to say that Neil Woodford made plenty of mistakes during his brief time as an independent fund manager (about five years, depending on how you measure it). But the Oracle of Oxford, as he was dubbed, did set out to encourage something we need more of — patient capital.

Column by Prof. Heather McGregor

Motion S5M-24127: Gordon MacDonald, Edinburgh Pentlands, Scottish National Party, Date Lodged: 12/02/2021

Heriot-Watt University Celebrates Bicentenary.

Supported by: Kenneth Gibson, Liam McArthur, Richard Lyle, Gordon Lindhurst, Stewart Stevenson, Bill Kidd, Alex Cole-Hamilton, Sandra White, Stuart McMillan, Annabelle Ewing, Christine Grahame, Miles Briggs, David Torrance, Maureen Watt, Jeremy Balfour, Neil Findlay, Fulton MacGregor, Gil Paterson

AN ACADEMIC award worth $75,000 each year for the next five years has launched today to emerging leaders in academia who are planning to produce research on the topic of long term funding of innovation.

The Panmure House Prize is one of the UK’s largest prizes in academia and has announced today that applications are now being accepted.

The prize is named after 18th century Scottish economist and philosopher Adam Smith’s final home.

University launches inaugural Panmure House Prize to mark bicentenary.

The inaugural Panmure House Prize is a $75,000 award to promote and encourage pioneering research in long-term investment to fund radical innovation. The research area is in the spirit of the 18th-century Scottish economist and philosopher, Adam Smith, who lived in Panmure House in Edinburgh, which is now under the stewardship of Heriot-Watt University.

Edinburgh. Monday 22 February 2021. One of the UK’s largest academic prizes – the Panmure House Prize – launches today to support research into long-term funding for innovation.

Heriot-Watt University, who will administer the prize, also announces the support of an internationally-renowned panel of judges. Nobel prizewinner and economist Sir Angus Deaton, whose father attended Heriot-Watt University, is the patron of the prize.

The Panmure House Prize is an award of $75,000 each year over the next five years to emerging leaders in academia who are planning to produce outstanding research on the topic of the long-term funding of innovation in the spirit of Adam Smith, the eighteenth-century Scottish economist and philosopher.

Heriot-Watt University has launched one of the UK’s biggest academic prizes, as it marks the 200th anniversary of its founding in Scotland.

In 2021, Heriot-Watt University celebrates the 200th anniversary of its founding in Scotland. From its beginnings as the world's first mechanics institute in the heart of Edinburgh, two centuries of innovation have led to what is today a unique international institution with campuses in the UK, Dubai and Malaysia.

One of the UK’s largest academic prizes – the Panmure House Prize – will support research into long-term funding for innovation.

The prize, worth more than £250,000 over five years, has been funded by asset manager Baillie Gifford and is now open to applications. It is named after the final home of 18th century Scottish economist and philosopher Adam Smith. Panmure House is in Canongate, Edinburgh and has been restored and reimagined by Heriot-Watt University as a centre for social and economic debate and research. Heriot-Watt, which will administer the $75,000-a-year prize, also announces the support of an internationally-renowned panel of judges.

On 22 February, Adam Smith's Panmure House launched the inaugural Panmure House Prize, a $75,000 award for the best research proposal into long-term investing and its impact on innovation. Prize winners will utilize the award to conduct research to shine a light on new ways to encourage longer-term investment into radical innovation, leading to solutions to some of the world’s most burning questions, including social inequality, climate change, and sustainability. The Panmure House Prize is administrated in partnership with FCLTGlobal – the deadline for applications is 15 April 2021, with the first prize awarded in Summer 2021.