The BAZA Award, Bulgaria, is administered by the Institute of Contemporary Art – Sofia and the Edmond Demerdzhiyan Foundation in partnership with the Sofia City Art Gallery. The annual competition is open for artists up to 35 years of age, who are required to submit a portfolio. The jury, whose members are replaced biennially, selects four to eight nominees. The exhibition of works by award nominees is hosted by the Sofia City Art Gallery. The award winner is announced at the exhibition opening. The award entitles a Bulgarian artist to a two-month residency in New York City. BAZA Award winners are also given the chance to present their work in a solo exhibition at the gallery of the Institute of Contemporary Art – Sofia.

Text from BAZA award website