The FAG Foundation promotes science, research and teaching in the field of scientific engineering related to bearing technology.

The foundation breaches the gap between industry and science by awarding the ideas, visions and goals of those working at the universities, in research and business.

The Foundation promotes innovations and competitive performance. In serving its aims, it offers the Innovation Award valued at a total of € 20.000 for outstanding treatises in the fields of:

• Product Innovation
• Advanced Manufacturing
• Market Strategy

Applications for the annual award can be submitted by June 30.