Every year, the DAGM grants awards and funding in several categories to promote scientific work in the field of pattern recognition.

GCPR Best Paper Awards: Every year, the DAGM grants awards for the best scientific contributions to the annual conference GCPR (the former DAGM symposia). The originality and scientific quality of the submitted paper as well as the presentation (talk or poster) during the conference are evaluated. The prize comprises a certificate and a financial award, and there is a special mention of the paper in the conference volume of the following annual conference. Applications are not possible, the papers are selected from the conference submissions.

German Pattern Recognition Award: Since 2011, the DAGM has annually granted the German Pattern Recognition Award for outstanding, internationally visible research in the fields of pattern recognition, computer vision, and machine learning. The German Pattern Recognition Award continues the tradition of the Olympus Award for Pattern Recognition (1992-2010). Its aim is to promote outstanding young scientists in the fields of pattern recognition, computer vision, and machine learning. Internationally visible researchers in these fields who have not yet passed the age of 35 in the year of the awards presentation can be proposed. An association of the candidates with the DAGM is desirable. The German Pattern Recognition Award is donated by Daimler AG and consists of a financial award of 5000 euros. Application documents are available on the DAGM website under Awards - German Pattern Recognition Award.

DAGM MVTec Dissertation Award: Since 2015, the DAGM has annually granted the DAGM MVTec Dissertation Award. The Dissertation Award honors an outstanding dissertation successfully completed in the preceding year in the fields of pattern recognition, image processing, machine vision, and machine learning. An association with the DAGM is desirable. The Dissertation Award is donated by MVTec Software GmbH and consists of a financial award of 2500 euros. Application documents are available on the DAGM website under Awards - DAGM MVTec Dissertation Award.

DAGM Young Researchers' Forum:  The Young Researchers‘ Forum of the DAGM aims to promote young scientists. It supports outstanding scientific achievements at the Bachelor’s, Master’s, or Diploma degree level in the fields represented by the DAGM. Students in these fields are given the opportunity to visit the annual conference GCPR and present their work there. Since 2016, a Best Master's Thesis Award has been granted. In addition, some travel grants are offered for outstanding students who have completed their Bachelor's degree. Information on application procedures is available on the DAGM website under Awards - DAGM Young Researchers' Forum.