The Kyoto Prize is awarded annually since 1984 in the fields of Advanced Technology, Basic Sciences and Arts and Philosophy. Within each broad category, the prize rotates among subfields, e.g. the technology prize rotates across electronics, biotechnology, materials science and engineering, and information science. The prize was endowed by the Inamori Foundation with 20 billion yen and Kyocera stock. Kazuo Inamori was the founder of Kyocera. The prize is rising in prestige as it covers fields not often awarded Nobel Prizes
