The researchers will receive their prizes for their exceptional, innovative and inspiring work. With both prizes, the quality of the researcher is paramount; while the Spinoza Prize places an emphasis on scientific work and fundamental issues, the Stevin Prize primarily honours social impact. It is rare for two such prizes to be awarded to the same university in the same year.
The laureates will each receive a sum of 2.5 million euros. They are free to decide how they will use their prize money, as long as it is spent on something that relates to scientific research and/or activities that involve knowledge utilisation.