Prime Minister Benjamin Netanyahu will once again award the "Prime Ministers Prize for Initiatives and Innovations" during Global Entrepreneurship Week. The prize, given for the third consecutive year, is intended to encourage and reward initiatives, innovative thinking, imagination and creativity among various population groups, including young people.

The goal of the Prize is to empower the next generation of innovators to make significant changes in society, the environment, science, technology and more. 

The Prizes will be awarded to entrepreneurs in two categories:

• The Prime Minister's Prize for Initiative and Innovation for Financial Profit
• The Prime Minister's Prize for Initiative and Innovation not for Financial Profit. 

In each category, the winner will receive a 70,000 NIS award.

The ceremony will take place in Ben Gurion University of Negev on November 13.

tags: Benjamin Netanyahu, VIP