Every year (in February), the Presidium of the National Academy of Sciences of Ukraine awards fourteen prizes for young researchers and fourteen prizes for students of higher education institutions for works in the field of natural, engineering, social and humanitarian sciences. Prizes are awarded to individual authors or a group of authors for the best scientific works, as well as for a series of scientific works on a unified topic, for discoveries and inventions. The team nominated for the award should include only the main authors whose contribution was the most significant, and should consist of no more than three persons. Prize-winners are awarded diplomas of the approved format at the General Meeting of the relevant branch of the National Academy of Sciences of Ukraine.
Works that have previously been awarded prizes of the National Academy of Sciences of Ukraine, branch academies or special prizes of other departments on a competitive basis, will not be accepted for the competition. Collections of research papers by different authors are not acceptable for the competition.