The film fest will start May 15.
The jury will select films in competition section for the awards, which will be announced during the closing ceremony May 26, reads a statement on the official website of the film fest.
Eight international movie personalities will help Spielberg award the prizes.
The othr names on the jury panel are Japanese director Naomi Kawase, British scriptwriter-director-producer Lynne Ramsay, French actor-director Daniel Auteuil, Taiwanese director-producer-scriptwriter Ang Lee, Romanian scriptwriter-director-producer Cristian Mungiu and Austrian actor Christopher Waltz.