Alfried Krupp Prize

Alfried Krupp von Bohlen und Halbach-Stiftung (Alfried Krupp von Bohlen und Halbach Foundation) has been awarding the Alfried Krupp-Förderpreis für junge Hochschullehrer (Alfried Krupp Prize for Young University Lecturers) on an annual basis since 1986. The prize is aimed at young engineers and scientists who have outstanding academic qualifications and have already conducted excellent research. The prize is worth 1 million euros. Prize winners can use the funding flexibly in order to create a working environment to suit their needs without having to use state funds. For example, they can set up and improve workspaces (also in laboratories), take part in symposia or conferences or finance research associates and special research groups.