It was founded by the Association of Writers of Vojvodina ( Serbian: Društvo književnika Vojvodine) in 2006.
[2] The works of participants of the Festival are published in literary journal Zlatna greda.
The programme of the Festival includes afternoon and evening readings and discussions in various venues throughout the city (libraries, clubs, cafès, squares), as well as other towns in Serbia.
Main events are: During the Festival, a ceremony of awarding "Branko’s Award" (Serbian: Brankova nagrada) to the Young Serbian poet of the Year is held in Sremski Karlovci.
Every year, The International Literary Award of Novi Sad is given to a world-renowned living poet for his poetic oeuvre or life achievement in the field of poetry.