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For the eighteenth year, the IIF, in collaboration with SAS®, is proud to announce financial support for research on improving forecasting methods and business forecasting practice. The award for this year will be (2) $10,000 grants. The deadline date for applications is October 1, 2021.

Forecasting research has seen major changes in the theoretical ideas underpinning forecasting effectiveness over the last 40 years. However, there has been less impact on forecasting practice. This grant award will offer financial support for research on how to improve forecasting methods, and business forecasting practice, including organisational aspects of management of the forecasting process.

This grant was created in 2003 by the IIF, with financial support from the SAS® Institute, in order to promote research on forecasting principles and practice. The fund is divided to support research on (1) how to improve forecasting methods and (2) business forecasting practice and applications. To learn more and to apply for this grant, visit our website.

Last year’s award recipients:

Hussain Syed Kazmi, KU Leuven; and Maria Paskevich, King (Activision-Blizzard), for the project proposal in the category of Business Applications, Incorporating downstream, task-specific information in forecasting models

Ahmed Aziz​ Ezzat, Rutgers University, for the project proposal in the category of Methodology, Forecasting in Unknown Territory: Towards Physically Motivated Learning for Local Wind Fields

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