In memory of Professor Jay Bailey for his many pioneering contributions to biotechnology, the award is presented to an individual who has had an important impact on bioengineering and whose achievements have advanced this profession in any of its aspects. The recipient should have a distinguished record of service to the profession. They should also be involved in the direct engagement of biology with engineering.

Bailey's educational legacy touched many modern biochemical and biological engineers in the profession today. The award is presented to an individual who embodies the spirit of James Bailey, one that is a pioneer, a mentor, an innovator, an integrator of biology and engineering, a teacher, and whose achievements have provided a major impact to the field of biological engineering.