The Bodossakis Excellence Award was founded to acknowledge and promote Greek scientists who have dedicated their lives to science and who have achieved international recognition for their comprehensive and innovative contribution. Scientific areas for this award include positive sciences, technology and bio-medical sciences.

Candidates must be Greek scientists and there is no age limit in place for this award, as long as the candidates are still alive. General criteria for this award include a decisive impact of the candidate to the promotion of his or her scientific field , with a scientific contribution that is internationally recognized as innovative and complete.
The candidature should not come from the candidates themselves; it has to be proposed by a third party (collaborator or other). Successful candidates may be requested to support the work of the Bodossaki Foundation through their participation in scientific committees or other governing bodies of the Foundation.