While buildings stand as tangible manifestations of creativity, it is the ideas that underpin them that truly shape our world. Ideas have the ability to '''ignite change, challenge conventions, and inspire entire communities'''. The iConcept Award is inaugurated to celebrate excellence in '''UNBUILT''' architecture and design. This award is given to individuals and firms that made significant contribution to the profession through pushing the boundaries the theoretical concepts and inventing ground breaking notions.

The iConcept Award is open to participants from all around the world. Anyone passionate about architecture and design can become a candidate for the iConcept Award. To enter, entrants must sign up for the competition, and submit their projects through Arch Hive's online platform. Entries must be '''UNBUILT''' projects.