The Prize recognizes artistic careers characterized by internationalism, open-mindedness, social awareness, and a commitment to innovation, and is intended for those who dedicate their work to overcoming divisions stemming from political, social, and geographical affiliations.
There are no restrictions regarding age, nationality, or medium. Artists in the visual arts and music categories cannot self-nominate but are proposed by figures in the fields of visual arts and musical composition identified by the Merz Foundation from a broad range of experts.
The works of the finalist artists are presented in a group exhibition, while the compositions of the contestants are presented in an event, concert, or spatial sound installation.
International juries and a public vote determine the winners, who are commissioned to create works to be presented as part of a solo exhibition, as well as a piece for string orchestra or a musical sound installation.