The specific subject area for nominations will change in each year. The first four-year cycle (2013-2016) will focus on the basic sciences, rotating between physics and astronomy (2013), biological sciences (2014), mathematics (2015) and chemical sciences (2016).
The prize carries a monetary award of USD100,000, generously provided by Lenovo, a medal and a certificate bearing a citation highlighting the major contributions for which the prize is awarded. The prize will be presented to the recipient at
a special ceremony arranged by TWAS and Lenovo.