The prize recipient has the unique opportunity to create and present new site-specific installation at Black & White Project Space. Additionally the prize offers a studio residency at Black & White Project Space and other critical resources. The length of the commitment is six months, three months for a studio residency and three months for an exhibition. The winner is announced in December/January and May/June.

The selection criteria is based on the innovative nature of the proposal for a new work and its suitability for realization at Black & White Project Space.

Black & White Project Space only accepts proposals from artists nominated by a member of its Curatorial Committee.