Terry McGuire Th'82 P'08, Founding Partner of Polaris Partners and Thayer Board of Advisors member since 2000. (Photo by Aram Boghosian for The Boston Globe)

The $100,000 prize, established through the generosity of Terry McGuire Th'82 and Carolyn Carr McGuire Tu'83, seeks nominees who have demonstrated considerable leadership in areas such as technological innovation, organizational or societal leadership, environmental stewardship, or fundamental discovery that have improved lives, promoted equity, or tackled a critical environmental challenge.

While anyone may submit a nomination, the nominee must have an affiliation with Dartmouth — as a student or alumni, a current or former faculty or staff, or as a family member of someone closely associated with the College. Call for nominations will be open until early March.

Carolyn Carr McGuire Tu'83, Tuck School of Business alumna and co-founder of Community Consulting Teams of Boston. (Photo by Laura DeCapua)

Eric Fossum, the John H. Krehbiel Sr. Professor of Emerging Technologies and chair of the prize selection committee, said the spirit of the prize embodies the values of the McGuires, whose life and work has focused on investing in human-centered innovation and leadership.

The inaugural recipient is expected to be announced in May in tandem with Dartmouth's Innovation and Technology Festival, which celebrates the opening of the new Center for Engineering and Computer Science and the Arthur L. Irving Institute for Energy and Society in the College's West End district.

"Among the true measures of success of an academic institution is its community's positive impact on society," said Terry McGuire, in establishing the award with his wife Carolyn, adding that one of the greatest measures of impact is in the number of "lives touched."

McGuire is a longtime member and a former chair of Dartmouth Engineering's Board of Advisors and founding partner of Polaris Partners, who throughout his career has helped shape and advance new biomedical and biotechnology innovations. Carolyn Carr McGuire is a Tuck alumna who co-founded Community Consulting Teams of Boston, an all-volunteer organization that connects MBA graduates with non-profits for consulting services, to help future business leaders better serve their constituents and communities and amplify their impact.

Along with Fossum, the prize selection committee is comprised of faculty and leadership across Dartmouth: Susannah Heschel, Eli M. Black Distinguished Professor of Jewish Studies; Bob Lasher '88, senior vice president for advancement; Lorie Loeb, computer science professor and faculty director of the DALI Lab; Dean Madden, vice provost for research; Kofi Odame, associate professor of engineering; and Andrew Samwick, Sandra L. and Arthur L. Irving '72a P'10 Professor of Economics.