At the Institute for Problems of Cryobiology and Cryomedicine of the National Academy of Sciences of Ukraine there is the Council of Young Scientists. The council contributes to a professional growth of young scientists of the Institute, attracts young people to an active participation in conducting fundamental and applied investigations, to participate in competition for the best scientific works and projects.

Three prizes are awarded annually at the Institute for the best work of the year and one prize named by the outstanding cryobiologist, corresponding-member of National Academy of Sciences of Ukraine A.M. Belous.