Wool Innovation Prize

Summary

The Wool Innovation Prize is awarded annually to the individual who shows the most innovative use of wool in any commercially viable application.

The prize, worth up to £10,000, and a merit certificate, will be awarded to the winner at a City livery dinner.

The prize will be promoted through a number of magazines, agricultural shows, Textile Societies, research organisations and social media. Applicants should apply on line through the Campaign for Wool. The winner will be announced by the end of September every year.

The prize is being awarded by the Worshipful Company of Woolmen and the Company of the Merchants of the Staple of England Charitable Trust.

Background

The Worshipful Company of Woolmen, one of the oldest livery companies in the City, and The Company of the Merchants of the Staple of England, a national livery company based in York, believe that they should do more for the industry from whence they came, namely the Wool Industry. Both have very long pedigrees going back to 1180 for the Woolmen and 1283 for the Staple.

The Industry has suffered long term decline in the UK over many years. There are now some signs that the industry is beginning to show an upturn and both Companies wish to recognise this and make a contribution to supporting innovation in the use and application of wool.

The Prize

The prize will be awarded annually to any individual who shows the most innovative use of wool in any application that is considered commercially viable and subject to the project being of sufficient originality and quality. Open to individuals using wool in apparel, non-apparel, agricultural, horticultural, medical, and industrial applications.

The winner will need to be able to show that the innovation will be developed from the United Kingdom, although the nationality of the individual is irrelevant.

Identifying and assessing the applicants

The prize will be promoted through a number of sources with close connections to the industry, design and fashion.

Interested individuals can apply online here.

Once the application is received by the Campaign for Wool, it will be assessed. Those shortlisted will be asked to come to an interview. The detail of this process is shown in Appendix A.

The Award

The award for the best applicant will be up to £10,000.  A framed certificate would also be presented to the winner.

The closing date for the Wool Innovation Prize will be 30th June annually. The winner will be announced by the 30th September with the winner being presented their prize at a livery dinner in London in November or early December.