The establishment of prizes, awarded to scholars who are distinguished in their fields and to outstanding citizens. By now a consolidated tradition of the Academy, the prizes currently active are:

The Ravani Pellati Prize awarded to Italian scholars who have contributed to progress in the fields of chemistry and physics.

The Martinetto Prize awarded to Italians who work to protect citizens’ rights, safeguarding human principles and values against abuse and exploitation.

The International Panetti Ferrari Prize, awarded to a distinguished scientist in the field of applied mechanics.

The Ferrari Soave Prize, given alternately to Italian and foreign scientists working in the biological sciences (rotating between human, plant, animal and cell biology).

The International Gili Agostinelli Prize for pure or applied mechanics, mathematics applied to the physical, natural and engineering sciences as well as biological and medical sciences.

The Academy also awards biennial prizes: the Herlitzka Prize for physiology and the Burzio Prize for Italian authors in the political sciences.

Each year the Academy awards two scholarships, one for mechanical or aerospace engineering at the Politecnico di Torino, and the other for the Faculty of Mathematical, Physical and Natural Sciences of the University of Torino.