Nobel Prize

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The Nobel Prize is an international award that is bestowed on individuals and on groups of up to 3 people for achievements in the fields of chemistry, physics, medicine or physiology, literature, and for services to peace.

The award, considered to be the most prestigious in its respective field [1] ,was established and funded by Swedish chemist, Alfred Nobel, the inventor of dynamite, and has been awarded annually since 1901 by the Nobel Foundation in Stockholm, Sweden.[2]

 References

[1]  Shalev, Baruch Aba (2005). p.8

[2] "The Nobel Prizes". Nobelprize.org. 12 Nov 2011 http://www.nobelprize.org/nobel_prizes/