Particular importance is attached to the researcher’s independence and innovative ability. Consideration is also given to whether the research contribution in question can be deemed particularly outstanding or promising in light of the researcher’s age, the nature of the research project and the research traditions in the academic field in question.
The prize is worth NOK 500,000 (approximately EUR 50 000 / USD 63,000, as of February 2018). The prize winner must be under 35 years of age on the final date of nomination. The Holberg Board appoints the prize winner on basis of the recommendation of the Nils Klim Committee, which consists of reknowned Nordic scholars from the relevant academic fields.