The Torsten and Wanja Söderberg Prize was awarded annually to "an active Nordic designer or craftsperson". The prize was administered by the Röhsska Museum. The prize sum amounted to 1 million SEK. The funding came from the foundations established by the brothers Torsten Söderberg and Ragnar Söderberg on the occasion of the centenary of the birth of Torsten Söderberg. The family founded the Swedish iron and steel wholesale company Söderberg & Haak a few generations earlier. The Torsten Söderbergs later took of the funding of the prize in its entirety. [1]