The IDB Science & Technology Prizes scheme consists of three (3) prizes awarded on the occasion of the Annual Meeting of the IDB Board of Governors. Each prize will consist of a cash award of one hundred thousand (100,000) US dollars, a trophy and a certificate. The Prizes are awarded only to institutions (not to individuals) in IDB member countries, respectively to
First category
Outstanding scientific or technological contribution to the social and economic development of a member country
Second category
Outstanding contribution to any of the following scientific disciplines:Engineering Sciences;Agriculture; Medicine; Biotechnology; Information Technology; Optronics; Material Sciences; Pharmaceutical Sciences; Industrial Microelectronics; and Alternative Energy Sources
Third category
Noted scientific research institutions in IDB least developed member countries :LDMCs