The Finlandia Prize is a prestigious literary award presented annually in Finland. Established in 1994, it recognizes outstanding works in various categories, including fiction, non-fiction, and children's literature. The prize aims to promote Finnish literature and encourage reading among the public. Winners of the Finlandia Prize receive a monetary award and significant recognition, often leading to increased book sales and visibility. The selection process involves a panel of judges who evaluate submissions based on literary quality and originality, making it one of the most sought-after accolades for Finnish authors.