Vehbi Koç Award, an award given since 2002 to individuals or organizations “who have made an important contribution to the development of Turkey and the Turkish people” in the fields of culture, education or health. The individual or institution who is to receive the $100,000 award, funded and coordinated by the Vehbi Koç Foundation (VKV), is selected by the VKV Board of Directors from three candidates recommended by a jury formed of leading scientists and experts in the respective field. The members of the jury change every year in keeping with the award field. The aim of the Vehbi Koç Award is to “promote and reward exemplary services that add value to society”. The award is given every year in a ceremony in February during events to commemorate the life of Vehbi Koç.