On the 9th December, in Singapore in the Global Entrepreneurship Forum, the award ceremony will take place for the winners of the best half-year innovative project. The 25 thousand euro prize will be awarded to the winners by the Vice-President of Skolkovo and Director of the Foundation of Development and Planning, Aleksei Beltiukov. In addition to the money, winners will be entitled with a free trip to Moscow to review the Skolkovo Foundation’s activities. "The award does not mean that its winners are automatically given the status of participants in the project Skolkovo"- said Alexei Beltiukov . “But they have a good chance to become ones." The prize for the best innovative project was set up by the Skolkovo Foundation in conjunction with INSEAD (the world famous international business school and research centre). In the first half of this year, prizes went to technology companies, Ayoxxa and Parasight, which are engaged in developing innovative technologies for rapid blood analysis.