The Ministry of Economy, Industry and Competitiviness has renewed this Excellence Award for 4 more years. The Instituto de Física Teórica IFT UAM-CSIC was awarded the Severo Ochoa Distinction for the first time in its 2012 edition. The funding of the Severo Ochoa Program of the IFT, SO (IFT), started in July 1, 2013 and will finish on June 30, 2017.