The total amount of Prize funding available for winners will be $25,000, and will be provided by Underwriters Laboratories. The winners of the Senior Scientist category and the Mid-Career Scientist category will each receive $12,500. The honorable mention in both categories will also receive $5,000, each. Separate provisions will be made for travel and lodging expenses as well as meal provisions for the winners and honorable mentions to attend a pitch competition during the ASEAN-U.S. Consultation Meeting on Science, Technology and Innovation and / or awards ceremony will be held during ASEAN Ministerial Meeting on Science, Technology and Innovation (AMMSTI). Awards will be disbursed to the winners after the ceremony.

Due to ongoing challenges presented by the COVID-19 pandemic, all physical aspects of the organization of the Prize, including the physical commemorative award, travel and lodging arrangements will be suspended until further notice.