The award consists of a cast-iron sculpture created by sculptor Sergio Castillo and a diploma.

The organizing committee invites all writers and artists to submit nominations for the different categories.

The nominations, in accordance with the candidates are put to the vote by members of the respective awards college.

Schools awards consist of authors and artists nominated convenor that societies have a minimum of 10 members by category.

Members last 3 years in office may designate the societies that replace in whole or in part.