IBAME awards two merit-based prizes:
a) IBAME Young Scientist Award;
b) IBAME Science Award.
The IBAME Young Scientist Award shall be granted to researchers up to the age of 35, for high-quality contribution to science based on research that involves application of the Mössbauer effect.
The IBAME Science Award shall be granted to researchers for a high-quality contribution to science based on research that involves application of the Mössbauer Effect over an extended period of at least 20 years.