For the nineteenth 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 14, 2022.

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:

Shanika L Wickramasuriya, University of Auckland; Kasun Bandara, University of Melbourne; Hansika Hewamalage, RMIT University, for the project proposal in the category of Methodology, Forecasting Hierarchical Time Series using Non-linear Mappings

Jean-François Toubeau, University of Mons; Yi Wang, University of Hong-Kong, for the project proposal in the category of Applications, Privacy-Preserving Renewable Energy Probabilistic Forecasting

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