The Victorian Government and the Australian Society for Medical Research (ASMR) present the Premier's Award for Health & Medical Research each year to recognise achievement by Victoria's early career health and medical researchers. The Award is open to PhD students or recently completed postgraduates whose research has or is being undertaken in a Victorian research institution in any field of health or medical research.
Each year up to six Victoria Fellowships are awarded to emerging leaders in science, technology and engineering. Each Fellow receives a travel grant of up to $18,000 to undertake a short-term overseas study mission to assist in developing a commercial idea, undertaking specialist training or career development.
The $50,000 Victoria Prize is awarded annually to an individual whose scientific discovery or technological innovation has significantly advanced knowledge or has potential to lead to a commercial outcome or other benefit to the community.