"We shall carefully select experts from each field, both in Taiwan and abroad, to compose the selection committee. With the most rigorous objectivity, this committee will select individuals or institutions that have demonstrated the most creative and influential research in the four fields. In this way, the Tang Prize will gradually acquire international credibility," he said.From 2014, the Tang Prize will be awarded once every two years, to individuals or institutions that have made the most outstanding contributions in the four areas. Each will receive an amount not less than NT$40 million (around US$1,360,000) in prize money, and a further NT$10 million (around US$341,000) will be allocated for the execution of a plan submitted by the prize recipient(s) to promote and cultivate research and talent in the related area within a period of five years.
Tang Prize Foundation Established In Taiwan: Academia Sinica To Be Responsible For The Nomination And Selection Of The International Awards In Taiwan
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