IMF Awards are the contest's music awards, honoring songs and singers from each edition on a certain category.
The IMF Awards were first held after the 32nd edition. The nominees were announced after the final results.
The very first ceremony was held after the 34th edition.
The first ceremony was held for the thirty-fourth edition of the contest. The ceremony took place in Copenhagen, Denmark, the host of the thirty-fourth edition. The nominees were revealed on 13 July 2016 and the voting started the same day. The winners were revealed on 26 July 2016.
|Categories and nominees|
|Best Female Artist||Best Male Artist|
|Best Group / Duet||Best Microstate Song|
|Best Song||Best Voting Speech|
|Best Big 6 Song||Best Voting bloc|
|Best Video||Best National selection|
|Best Lyrics||Best Non-qualifier Song|