The Schneider-Schott Music Prize is a cash award bestowed to an outstanding composer, performing artist, or music ensemble in classical music—with emphasis, but not mandatory, on contemporary music. From 1986 to 2006, the prize was awarded annually, and thereafter, biennially. The prize is alternately given to a composer and an interpreter.[1] The award ceremony is traditionally associated with a concert by the award winner.[2]
The €15,000[10] award is funded by an endowment established by Heinz Schneider-Schott (1906–1988)[9] and his wife. In 1952, Schneider-Schott, a son-in-law of Ludwig Strecker, became a director of the London-based music publishing firm, Schott and Co., which in 1980, reunited with Schott Music GmbH & Co. KG, in Mainz, which in 2006 was renamed Schott Music Limited.