The award includes prize money of 10,000 Euros and may be awarded biennially for outstanding achievements in a subject area covered by the publishing house Walter de Gruyter, preferably the humanities. The prizewinners should be able to be regarded as young, relative to their achievements.
The prize money is provided by the Walter de Gruyter Foundation. The prize replaces the Prize of the Berlin-Brandenburg Academy of Sciences and Humanities awarded until 2006 and donated by the publishing house Walter de Gruyter. It has been awarded for the first time in 2009.
The prize is conferred at the ceremonial session on the Academy’s Einstein Day celebration at the end of the year.