[2] Awarded to an individual or a team, the prize recognises a scientific discovery or achievement that has a significant economic, health, social or environmental impact on New Zealand or internationally in the past five years.
[3] The prize is awarded to an outstanding emerging scientist who has had their PhD conferred within the last eight years.
[10] This award was preceded by Young Scientist of the Year sponsored by the MacDiarmid Institute.
[11][12] Awarded to a teacher who is teaching science to school-age children, the prize is NZD 150,000.
[20] The Prize is awarded to either a practising science with an interest, passion and aptitude for science communication, or to a person with expertise in communicating complex scientific or technological information to the public.