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Awards & Grants

 

A.- Amount of awards

B.- Grants

 


 

 

A. - Amount of awards

 

The collections selected as winners, according to the ruling of the Competition Jury, will benefit from the following awards and honors:
  • Two awards may be granted, which will be endowed in the amount indicated:

First Prize ... ... ... ... ... ... 4000.00 Euros (gross)
Second Prize ... ... .... ... .. 2000.00 Euros (gross)


And a special award to the collection which get a highest score in comercial collection, worth 2000.00 Euros (gross). In the case this collection had been awarded with one of the two previous award, this award won´t be granted.

 

  • The promoters of each winner will receive a Diploma Collection or trophy certifying the prize won.

All three awards shall be declared void, it being possible for the resolution of the contest are available the use of grant funding for Accésit corresponding to collections that are considered worthy of such distinction. The amount of Accésit that can not be granted at or above 2,000 euros (gross amount).

Apart from these, other institutions or companies could contribute funds to supplement the prizes. Could also be introduced awards, sponsored by institutions or business partners, aims to highlight a special contribution and to do so may establish agreements with other institutions.

 

B. - Grants

 

  • Authors of selected collections for the final in Tenerife, before the conclusion of the parade on receipt of the prototypes of the collection, a maximum of 1,000 euros, on presentation or transmission of the "bills" designed to meet the expenses clothing from the 10 models in its collection (fabrics, and tools).

The invoices must contain at least the following information:

1. Number

2. Date of issue

3. Name and Surname or full business name of the consignor

4. Name and Surname or full business name the recipient or client

5. NIF or CIF (any type of tax identification number) for both the shipper and the consignee or customer

6. Full address of both the shipper and the consignee or customer (insular Crafts Company SA)

7. Description of operations along with its individualized amount without tax

8. The tax rate applied to transactions where appropriate.

9. The tax passed on as appropriate.

Invoices that do not contain each and every one of the above reviewed data will not be taken into account as an expense

 

  • The designers selected for the finals in Tenerife, be entitled to receive a travel grant of 500 euros for residents in Europe and 1000 euros to residents in the rest of the world.
 
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