The Swan Medal and Prize is a prize awarded annually by the Institute of Physics in physics, one of the Institute's Gold medals.
Until 2012 it was named the Business and Innovation Medal after when it was renamed the Swan Medal and Prize, in memory of Joseph Swan, a chemist and physicist inventor of the incandescent light bulb.
It is awarded annually to "recognise contributions to the organisation or application of physics in an industrial or commercial context." and known as the Swan medal of the Institute of Physics. The medal accompanied by a prize of £1000 and a certificate.