Finland's national technology agency, Tekes, has launched the Millennium Technology Prize, and is currently seeking nominations. The competition is open to citizens of all nations, providing they are nominated by an approved organisation. The award is described by Tekes as an acknowledgement of technological innovation with major benefits to the environment and citizens. Nominations must be relevant for one of the following four categories: energy and the environment; communication and information; new materials and processes; health care and life sciences. The prize totals one million euro, which will be awarded for the first time in June 2004 following a decision by an international award selection committee.