Ernst von Siemens Music Prize
The Ernst von Siemens Music Prize (short: Siemens Music Prize, German: Ernst von Siemens Musikpreis) is an annual music prize given by the Bayerische Akademie der Schönen Künste (Bavarian Academy of Fine Arts) on behalf of the Ernst von Siemens Musikstiftung (Ernst von Siemens Music Foundation), established in 1972. The foundation was established by Ernst von Siemens (1903–1990) and promotes contemporary music. The prize honors a composer, performer, or musicologist who has made a distinguished contribution to the world of music. In addition to the main prize, other prizes are also given. The total prize money given is currently 3.5 million euros, with the winner of the main prize receiving €250,000. The prize is sometimes known as "the Nobel Prize of music".
|Ernst von Siemens Music Prize|
|Awarded for||"personalities whose compositions, interpretations, writings, or teaching served music and promoted the love of music"|
|Sponsored by||Ernst von Siemens Music Foundation, Zug, Switzerland|
|Presented by||Bayerische Akademie der Schönen Künste and Ernst von Siemens Music Foundation|
|Reward(s)||€250,000 (main prize)|
Smaller awards are called "Förderpreis" (encouragement award). "Komponisten-Förderpreise" ("Composers' Prizes") are given to young composers for one of their works. "Förderprojekte" ("Grant-in-Aid Projects") support music festivals, concerts, musical institutions, and young musicians.